St Ignatius Nursing Home

Analysis

St Ignatius Nursing Home is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Ignatius Nursing Home reported income of $14.6m and spending of $16.8m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.0m to $14.6m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Ignatius Nursing Home sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Kelberman Center Inc ($14.6m), Aegis Group Inc ($14.6m) and Kuumba Community Health & Wellness Center Inc ($14.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $377k (2.2% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $8.9m against liabilities of $2.2m, net assets of $6.7m. It reported 157 employees.