Apartment Community of Our Lady of the Snows

Analysis

Apartment Community of Our Lady of the Snows is a registered charity in United States, based in Belleville, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Apartment Community of Our Lady of the Snows reported income of $9.5m and spending of $9.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $6.8m to $9.5m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 172%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apartment Community of Our Lady of the Snows sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Las Trampas School Inc ($9.5m), Jewish Community Center ($9.5m) and Episcopal Community Services of the Diocese of Pennsylvania ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $29.2m against liabilities of $9.0m, net assets of $20.3m. It reported 210 employees.