St Peters Home

Analysis

St Peters Home is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Peters Home reported income of $4.7m and spending of $4.0m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.6m to $4.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to September 2021, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Peters Home sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NH. Charities of a similar size with the same main cause include The Northside Hospital Foundation Inc ($4.7m), Community Choice ($4.7m) and Our Saviours Community Services ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.7% and program service revenue 77% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $10.8m against liabilities of $390k, net assets of $10.4m. It reported 84 employees.