Saint Giannas Home Inc

Analysis

Saint Giannas Home Inc is a registered charity in United States, based in Minto, ND. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Saint Giannas Home Inc reported income of $1.0m and spending of $909k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $1.0m (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Giannas Home Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within ND. Charities of a similar size with the same main cause include Rutherford Housing Partnership Inc ($1.0m), Mishawaka Food Pantry Inc ($1.0m) and Immaculate Heart of Mary Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. Compensation of current officers, directors and key employees was $78k (8.5% of expenses). Other salaries and wages came to $163k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 16 employees.