St Thomas More Housing Inc

Analysis

St Thomas More Housing Inc is a registered charity in United States, based in Bethel Park, PA. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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 Thomas More Housing Inc reported income of $1.2m and spending of $1.0m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+10%), an average of +2.5% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Thomas More Housing Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Shakespeare-San Francisco ($1.2m), Association of Chamber of Commerce Executives Foundation ($1.2m) and Butte Rescue Mission ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $2.2m against liabilities of $3.7m, net assets of -$1.5m.