St Katharine Drexel Manor Inc

Analysis

St Katharine Drexel Manor Inc is a registered charity in United States, based in New Iberia, LA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, St Katharine Drexel Manor Inc reported income of $207k and spending of $232k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $183k to $207k (+13%), an average of +3.1% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Katharine Drexel Manor Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Central Park Senior Residences Inc ($207k), Housing Partnership Ventures Inc ($207k) and Tulsa Jewish Retirement Foundation ($207k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $16k. At year end it held assets of $955k against liabilities of $30k, net assets of $925k.

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.