Little Sisters of the Poor Inc

Analysis

Little Sisters of the Poor Inc is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in March 1946, 80 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 December 2023, Little Sisters of the Poor Inc reported income of $6.6m and spending of $6.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $6.6m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Little Sisters of the Poor Inc 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 94th percentile within DE. Charities of a similar size with the same main cause include Union Mission Inc ($6.6m), Vintage Housing Inc ($6.6m) and Telacu Residential Management Inc ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $22k (0.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $14.7m against liabilities of $4.1m, net assets of $10.6m. It reported 132 employees.