Pope John Paul II Apartments Inc

Analysis

Pope John Paul II Apartments 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, Pope John Paul II Apartments Inc reported income of $660k and spending of $802k, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $591k to $660k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pope John Paul II Apartments Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Pike County Adult Activities Center ($659k), Jay County Boys Club Inc ($660k) and Music Theatre of Connecticut Inc ($659k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 44% of the total. Other salaries and wages came to $190k. At year end it held assets of $2.8m against liabilities of $5.0m, net assets of -$2.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.