St Monicas Senior Living

Analysis

St Monicas Senior Living is a registered charity in United States, based in Caledonia, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 March 2023, St Monicas Senior Living reported income of $7.4m and spending of $7.6m, spending 102% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $5.9m to $7.4m (+25%), an average of +5.8% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Monicas Senior Living 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 94th percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Illinois Policy Institute ($7.4m), San Antonio Sports Foundation ($7.4m) and St Vincent Senior Citizen Nutrition Program Inc ($7.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 3.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $147k (1.9% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $12.7m against liabilities of $5.5m, net assets of $7.2m. It reported 223 employees.