St Francis of Assisi Residences at Braintree II Inc

Analysis

St Francis of Assisi Residences at Braintree II Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in September 1978, 48 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Francis of Assisi Residences at Braintree II Inc reported income of $958k and spending of $908k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $884k to $958k (+8.4%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Francis of Assisi Residences at Braintree II Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Restoration Ranch of Ohio Inc ($958k), Schoharie County Rural Preservation Corp ($959k) and Housing Rights Initiative ($958k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $30k (3.3% of expenses). Other salaries and wages came to $205k. At year end it held assets of $1.7m against liabilities of $2.6m, net assets of -$875k.