St Pauls Retirement Homes Foundation

Analysis

St Pauls Retirement Homes Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 1995, 31 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 August 2023, St Pauls Retirement Homes Foundation reported income of $1.7m and spending of $968k, leaving 42% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.7m to $1.7m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to August 2022, when income rose by 146%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Pauls Retirement Homes Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Trenton Csi Non-Profit Corporation ($1.7m), Bluefield Manor Housing Inc ($1.7m) and Columbia Non-Profit Housing ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $181k (19% of expenses). At year end it held assets of $10.4m against liabilities of $2.7m, net assets of $7.6m.