St Padre Pio Institute of Rochesterinc

Analysis

St Padre Pio Institute of Rochesterinc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, St Padre Pio Institute of Rochesterinc reported income of $99k and spending of $37k, leaving 62% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $706k to $99k (-86%), an average of -39% a year. The sharpest change came in the year to August 2020, when income dropped by 69%. Over the whole period it spent 13% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Padre Pio Institute of Rochesterinc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Sacred Sorrows Inc ($99k), Elim International ($99k) and Business to Barrio NFP ($99k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.5m against liabilities of $216k, net assets of $2.3m.