Blessed Sarnelli Community Inc

Analysis

Blessed Sarnelli Community Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Blessed Sarnelli Community Inc reported income of $151k and spending of $111k, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $77k to $151k (+96%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 60%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Blessed Sarnelli Community Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Home & Heart ($151k), Los Vicentes de Laredo Y Zapata Inc ($151k) and Bvarc Housing ($151k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $11k (9.7% of expenses). At year end it held assets of $323k against liabilities of $0, net assets of $323k. It reported 2 employees.