St Lawrence Housing II Inc

Analysis

St Lawrence Housing II Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in March 1946, 80 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 Lawrence Housing II Inc reported income of $597k and spending of $793k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $498k to $597k (+20%), an average of +4.6% a year. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Lawrence Housing II Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($597k), The International Focusing Institute Inc ($597k) and Union College Housing Inc ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Other salaries and wages came to $141k. At year end it held assets of $6.8m against liabilities of $59k, net assets of $6.8m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.