St Edmunds Tower Annex Inc

Analysis

St Edmunds Tower Annex Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2013, 13 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 Edmunds Tower Annex Inc reported income of $500k and spending of $702k, spending 140% of what it took in. Over the whole period it spent -260% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Edmunds Tower Annex Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Vista Alegre ($500k), Nate Smith Housing Corporation ($500k) and Tolland Senior Housing Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $98k. At year end it held assets of $5.6m against liabilities of $6.2m, net assets of -$569k.

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.