Home for the Aged of the Little Sisters of the Poor

Analysis

Home for the Aged of the Little Sisters of the Poor is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Home for the Aged of the Little Sisters of the Poor reported income of $6.5m and spending of $9.2m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.5m to $6.5m (-31%), an average of -9.0% a year. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home for the Aged of the Little Sisters of the Poor sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include SJH Community Services Inc ($6.5m), Affinity Health Plan Inc ($6.5m) and Center for Success and Independence Inc ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $8.0m against liabilities of $7.5m, net assets of $495k. It reported 125 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.