St Martin Deporres Center

Analysis

St Martin Deporres Center is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 2023, St Martin Deporres Center reported income of $300k and spending of $372k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $285k to $300k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Martin Deporres Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within RI. Charities of a similar size with the same main cause include Kern Community Tennis Association ($300k), Sheet Metal Workers Union 58 Educational & Apprentice Training ($300k) and Demolay International ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $80k (22% of expenses). At year end it held assets of $312k against liabilities of $45k, net assets of $267k. It reported 6 employees.