St Johns Berchmans Housing Corporation Inc

Analysis

St Johns Berchmans Housing Corporation Inc is a registered charity in United States, based in Grand Coteau, LA. It received its IRS tax-exemption ruling in January 2005, 21 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 (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 Johns Berchmans Housing Corporation Inc reported income of $147k and spending of $168k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $91k to $147k (+61%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Johns Berchmans Housing Corporation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Belford Commons Corporation ($146k), Sunshine Village Housing Corporation of Slidell Inc ($147k) and Community Reinvestment Foundation- Xvi Inc ($146k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $9,025. At year end it held assets of $763k against liabilities of $28k, net assets of $735k.

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.