Mother of Perpetual Help Residence Inc

Analysis

Mother of Perpetual Help Residence Inc is a registered charity in United States, based in Saint Louis, MO. 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 June 2023, Mother of Perpetual Help Residence Inc reported income of $10.2m and spending of $8.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $10.2m (+104%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mother of Perpetual Help Residence Inc 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 93rd percentile within MO. Charities of a similar size with the same main cause include Southwestern Pennsylvania Corporation ($10.2m), Inland Empire Tobaccosecuritization Corporation ($10.2m) and Golden Triangle Planning & Development District Inc ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $60k (0.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $11.7m against liabilities of $3.8m, net assets of $7.9m.