St Margarets House
Analysis
St Margarets House is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Margarets House reported income of $1.3m and spending of $1.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 81% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Margarets House sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Senior Monongalions Inc ($1.3m), Womankind Inc ($1.3m) and Morongo Basin Unity Home Inc ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $758k. At year end it held assets of $2.8m against liabilities of $30k, net assets of $2.8m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Senior Monongalions Inc | Morgantown | $1.3m |
| Womankind Inc | Key West | $1.3m |
| Morongo Basin Unity Home Inc | Joshua Tree | $1.3m |
| Heartbeat International Missions | Elizabethton | $1.3m |