St Jude Housing Corporation

Analysis

St Jude Housing Corporation is a registered charity in United States, based in Norwich, CT. It received its IRS tax-exemption ruling in August 1987, 39 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 June 2023, St Jude Housing Corporation reported income of $952k and spending of $1.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $923k to $952k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Jude Housing Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Perry County Multi-Puropse Senior Citizens Center ($952k), Meals on Wheels of Palestine Inc ($952k) and National Network for Youth Inc ($952k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $241k. At year end it held assets of $2.3m against liabilities of $354k, net assets of $2.0m. It reported 16 employees.