St Xaviers Home

Analysis

St Xaviers Home is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Xaviers Home reported income of $306k and spending of $336k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $279k to $306k (+9.5%), an average of +2.3% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Xaviers Home sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 57th percentile within ME. Charities of a similar size with the same main cause include Ash Tree Organization ($306k), Waimea Housing Foundation Inc ($306k) and Minnesota Bluegrass and Old Time Music Association ($306k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $1.2m against liabilities of $1.2m, net assets of -$2,465.