St Anthonys Gardens

Analysis

St Anthonys Gardens is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Anthonys Gardens reported income of $24.0m and spending of $12.6m, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $24.0m (+283%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 144%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Anthonys Gardens sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Volunteers of America Inc ($24.0m), Saint Joachim & Anne Nursing and Rehabilitation Center ($24.0m) and Hospital San Carlos Incorporado ($24.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 38% of the total. Compensation of current officers, directors and key employees was $101k (0.8% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $949k against liabilities of $3.8m, net assets of -$2.9m. It reported 246 employees.