St George Management Corp

Analysis

St George Management Corp is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St George Management Corp reported income of $83k and spending of $102k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $357k to $83k (-77%), an average of -31% a year. The sharpest change came in the year to December 2022, when income rose by 493%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St George Management Corp sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Eah Community Housing Inc ($83k), Northwest Christian Community Development Corp ($83k) and Tremont Apartments Housing Development Fund Corporation ($83k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.

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.