Little Sisters of the Poor St Josephs Home for the Elderly

Analysis

Little Sisters of the Poor St Josephs Home for the Elderly is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in March 1946, 80 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, Little Sisters of the Poor St Josephs Home for the Elderly reported income of $6.4m and spending of $7.4m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $6.4m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Sisters of the Poor St Josephs Home for the Elderly sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Diverse Journeys Inc ($6.4m), Ecumenical Hunger Program ($6.4m) and Geo-Son Child Care Services Inc ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $6.3m against liabilities of $4.8m, net assets of $1.5m. It reported 120 employees.

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.