St Patrick Homes Inc

Analysis

St Patrick Homes Inc is a registered charity in United States, based in Arnold, MD. It received its IRS tax-exemption ruling in November 2007, 19 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 June 2024, St Patrick Homes Inc reported income of $348k and spending of $417k, spending 120% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $413k to $348k (-16%), an average of -3.4% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Patrick Homes Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Washington Media Scholars Foundation ($348k), Roots and Wings Inc ($348k) and In His Loving Embrace Inc ($348k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $131k (31% of expenses). Other salaries and wages came to $122k. At year end it held assets of $534k against liabilities of $140k, net assets of $394k. It reported 5 employees.