St Annes Guest Home

Analysis

St Annes Guest Home is a registered charity in United States, based in Grand Forks, ND. 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, St Annes Guest Home reported income of $1.5m and spending of $1.8m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.5m (-4.4%), an average of -1.1% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Annes Guest Home sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within ND. Charities of a similar size with the same main cause include Maine Appalachian Trail Club Inc ($1.5m), Bulletin of the Atomic Scientists ($1.5m) and Deaf-Reach Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $40k (2.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $578k against liabilities of $487k, net assets of $91k. It reported 45 employees.

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.