St George Senior Housing Corp

Analysis

St George Senior Housing Corp is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1977, 49 years ago. 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 December 2023, St George Senior Housing Corp reported income of $1.7m and spending of $1.1m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St George Senior Housing Corp 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 83rd percentile within PA. Charities of a similar size with the same main cause include Biomedical Research Foundation Medical Research 151 ($1.7m), Collins Home Family Ministries ($1.7m) and Nami Southeast Louisiana ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $135k. At year end it held assets of $2.8m against liabilities of $34k, net assets of $2.8m. It reported 3 employees.