St Agnes Senior Citizen Housing de Velopment Fund Company Inc

Analysis

St Agnes Senior Citizen Housing de Velopment Fund Company Inc is a registered charity in United States, based in Hicksville, NY. It received its IRS tax-exemption ruling in October 1991, 35 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 September 2023, St Agnes Senior Citizen Housing de Velopment Fund Company Inc reported income of $1.6m and spending of $958k, leaving 42% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.6m (+28%), an average of +6.3% a year. The sharpest change came in the year to September 2023, when income rose by 22%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Agnes Senior Citizen Housing de Velopment Fund Company Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Carmel Valley Manor Foundation ($1.6m), Family Promise of Greater Indianapolis Inc ($1.6m) and Francis of Assisi Community ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $114k. At year end it held assets of $4.5m against liabilities of $2.0m, net assets of $2.6m.