Saint Thomas Aquinas Housing

Analysis

Saint Thomas Aquinas Housing is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in May 1983, 43 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 April 2023, Saint Thomas Aquinas Housing reported income of $851k and spending of $706k, spending 83% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $570k to $851k (+49%), an average of +14% a year. The sharpest change came in the year to April 2021, when income rose by 16%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Thomas Aquinas Housing sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Berean Call ($851k), Bethel Renewal Center a NJ Nonprofit Corporation ($852k) and Little League Baseball Inc ($851k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3,796. At year end it held assets of $1.1m against liabilities of $100k, net assets of $1.0m.