Community of St Egidio USA Inc

Analysis

Community of St Egidio USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community of St Egidio USA Inc reported income of $3.2m and spending of $286k, leaving 91% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.2m to $3.2m (+156%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 270%. Over the whole period it spent 12% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community of St Egidio USA Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Independence Health & Therapy ($3.2m), Whispering Winds Catholic Conference Center Inc ($3.2m) and Grace Christian School ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $4.8m against liabilities of $4,217, net assets of $4.7m.