Saints Incorporated

Analysis

Saints Incorporated is a registered charity in United States, based in Wayne, MI. It received its IRS tax-exemption ruling in April 1982, 44 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Saints Incorporated reported income of $9.3m and spending of $8.5m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.2m to $9.3m (+14%), an average of +3.2% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Saints Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Landow House Inc ($9.3m), Umpqua Community Development Corporation ($9.3m) and Self ($9.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $446k (5.3% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $5.7m against liabilities of $498k, net assets of $5.2m. It reported 161 employees.