St Johns Housing Corporation

Analysis

St Johns Housing Corporation is a registered charity in United States, based in Tolland, CT. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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, St Johns Housing Corporation reported income of $783k and spending of $752k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $723k to $783k (+8.3%), an average of +2.0% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Johns Housing Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Importa Santa Barbara ($783k), Assumption Foundation for K-12 Schools ($783k) and Torah Academy of Milwaukee for Girls Inc ($783k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. At year end it held assets of $1.0m against liabilities of $880k, net assets of $144k.