St Francis Neighborhood Center Corporation

Analysis

St Francis Neighborhood Center Corporation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 1975, 51 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 December 2023, St Francis Neighborhood Center Corporation reported income of $4.8m and spending of $2.8m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.8m (+169%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Neighborhood Center Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Franklin-Wright Settlements Inc ($4.8m), St Josephs Foundation of San Joaquin ($4.8m) and Baryshnikov Arts Center Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $92k (3.3% of expenses). Other salaries and wages came to $951k. At year end it held assets of $8.9m against liabilities of $310k, net assets of $8.6m. It reported 49 employees.