St Annes Retirement Community Inc

Analysis

St Annes Retirement Community Inc is a registered charity in United States, based in Columbia, PA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Annes Retirement Community Inc reported income of $21.8m and spending of $23.7m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.6m to $21.8m (+11%), an average of +2.7% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Annes Retirement Community Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Move for Hunger Inc ($21.8m), Young Mens Christian Association of Eugene ($21.8m) and Capitol Lakes Inc ($21.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $420k (1.8% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $68.9m against liabilities of $60.5m, net assets of $8.4m. It reported 226 employees.