St Pauls Home Inc

Analysis

St Pauls Home Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 1974, 52 years ago. 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 Pauls Home Inc reported income of $715k and spending of $450k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $715k (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Pauls Home Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Curious Communications Inc ($715k), New Jersey Festival Orchestra ($716k) and The Incarnation Foundation ($715k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.6m against liabilities of $42k, net assets of $1.6m.