St Paul Baptist Church Housing Development Corporation

Analysis

St Paul Baptist Church Housing Development Corporation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1989, 37 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 December 2023, St Paul Baptist Church Housing Development Corporation reported income of $377k and spending of $349k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $377k (+17%), an average of +4.0% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Paul Baptist Church Housing Development Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Synergy Community Development Corporation ($376k), Gregene HDFC ($377k) and South Oakland Citizens for the Homeless ($376k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $335k against liabilities of $1.4m, net assets of -$1.1m.