St Peters Housing Inc

Analysis

St Peters Housing Inc is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in May 2000, 26 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 Peters Housing Inc reported income of $296k and spending of $355k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $296k (+12%), an average of +3.0% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Peters Housing Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Boston Tenant Coalition Inc ($296k), Two Sparrows Village Inc ($296k) and Mobility Works Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. At year end it held assets of $1.8m against liabilities of $38k, net assets of $1.7m.

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.