Depaul Properties Inc

Analysis

Depaul Properties Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Depaul Properties Inc reported income of $8.8m and spending of $9.6m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.6m to $8.8m (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Depaul Properties Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Neighborhood Nonprofit Housing Corporation ($8.8m), Springhouse Inc ($8.8m) and The Primavera Foundation Inc ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. Compensation of current officers, directors and key employees was $638k (6.7% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $71.0m against liabilities of $38.6m, net assets of $32.4m. It reported 100 employees.