Saint Peter Charity Inc

Analysis

Saint Peter Charity Inc is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in February 2009, 17 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 Peter Charity Inc reported income of $179k and spending of $222k, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $205k to $179k (-13%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Peter Charity Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Community Assistance Teams of Flagstaff ($179k), Youth Rally Committee Inc ($179k) and Thomas Duncan Hall Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.