St Marks Terrace Dundee H D F Corp

Analysis

St Marks Terrace Dundee H D F Corp is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in October 1992, 34 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 December 2023, St Marks Terrace Dundee H D F Corp reported income of $306k and spending of $359k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $369k to $306k (-17%), an average of -4.6% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Marks Terrace Dundee H D F Corp sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Mission Accomplished ($306k), Read Memorial Christian Center ($306k) and Highland Park Affordable Housing Corporation ($306k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $23k (6.4% of expenses). Other salaries and wages came to $90k. At year end it held assets of $1.2m against liabilities of $51k, net assets of $1.1m. It reported 7 employees.

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.