St Gerards Community of Care

Analysis

St Gerards Community of Care is a registered charity in United States, based in Hankinson, ND. It received its IRS tax-exemption ruling in June 1963, 63 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Gerards Community of Care reported income of $5.8m and spending of $4.6m, spending 80% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.8m to $5.8m (+54%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Gerards Community of Care sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within ND. Charities of a similar size with the same main cause include Mid-Peninsula Education Center Inc ($5.8m), New York Institute for Human Development Inc ($5.8m) and South Carolina Research Foundation ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $114k (2.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.2m against liabilities of $1.1m, net assets of $2.1m. It reported 102 employees.