St Annes Building Corporation

Analysis

St Annes Building Corporation is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in October 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Annes Building Corporation reported income of $255k and spending of $205k, spending 80% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $286k to $255k (-11%), an average of -3.7% a year. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Annes Building Corporation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within ND. Charities of a similar size with the same main cause include Friends of Schumacher Farm Inc ($255k), Toddlers Morning Out Inc ($255k) and NSSLC Inc ($255k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 62% of the total. At year end it held assets of $3.1m against liabilities of $32k, net assets of $3.1m.