St Peters Orphanage Inc

Analysis

St Peters Orphanage Inc is a registered charity in United States, based in Denville, NJ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 December 2023, St Peters Orphanage Inc reported income of $1.6m and spending of $1.8m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Peters Orphanage Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Mendocino Coast Hospitality Center ($1.6m), Outfront Minnesota Community Services ($1.6m) and Little League Baseball Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $122k (6.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $449k against liabilities of $0, net assets of $449k. It reported 31 employees.