St Therese Plaza Inc

Analysis

St Therese Plaza Inc is a registered charity in United States, based in Oakmont, PA. It received its IRS tax-exemption ruling in June 1980, 46 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Therese Plaza Inc reported income of $1.2m and spending of $1.0m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+13%), an average of +3.1% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Therese Plaza Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Big Cypress Housing Corporation ($1.2m), Housing Partnerships Inc ($1.2m) and Levi Towers Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $262k. At year end it held assets of $2.0m against liabilities of $3.6m, net assets of -$1.6m.