St Patricks Center Inc

Analysis

St Patricks Center Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in December 1977, 49 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 Patricks Center Inc reported income of $1.6m and spending of $1.9m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $950k to $1.6m (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Patricks Center Inc sits at the 83rd 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 81st percentile within DE. Charities of a similar size with the same main cause include Global Montessori Academy ($1.6m), Stewards of the Coast and Redwoods ($1.6m) and Associated Black Charities Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $100k (5.3% of expenses). Other salaries and wages came to $463k. At year end it held assets of $389k against liabilities of $2,858, net assets of $386k. It reported 21 employees.