Saint Antoine Residence

Analysis

Saint Antoine Residence is a registered charity in United States, based in N Smithfield, RI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Saint Antoine Residence reported income of $19.9m and spending of $22.7m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $25.9m to $19.9m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Antoine Residence sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within RI. Charities of a similar size with the same main cause include Community Action Agency of Ok City & Ok Canadian Counties Inc ($19.9m), Northwest Louisiana Food Bank ($19.9m) and Training & Treatment Innovations Inc ($19.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $233k (1.0% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $19.4m against liabilities of $5.7m, net assets of $13.7m. It reported 286 employees.