St Martins Home for the Aged Little Sisters of the Poor Baltimore Inc

Analysis

St Martins Home for the Aged Little Sisters of the Poor Baltimore Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, St Martins Home for the Aged Little Sisters of the Poor Baltimore Inc reported income of $9.9m and spending of $8.0m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $9.9m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Martins Home for the Aged Little Sisters of the Poor Baltimore Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include Mercy Health Foundation Inc ($9.8m), Community Health Center Association of Mississippi ($9.9m) and Daybreak Youth Services ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $37k (0.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $49.1m against liabilities of $239k, net assets of $48.9m. It reported 107 employees.