Charles Settlement House

Analysis

Charles Settlement House is a registered charity in United States, based in Rochester, NY. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Charles Settlement House reported income of $1.4m and spending of $1.5m, spending 108% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $800k to $1.4m (+75%), an average of +15% a year. The sharpest change came in the year to March 2022, when income rose by 90%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charles Settlement House 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 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Inspira Homecare & Hospicecare Inc ($1.4m), Call to Safety ($1.4m) and City Seed Inc ($1.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 57% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $48k (3.1% of expenses). Other salaries and wages came to $389k. At year end it held assets of $3.1m against liabilities of $319k, net assets of $2.8m. It reported 20 employees.