St Ambrose Housing Aid Center Inc

Analysis

St Ambrose Housing Aid Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 1992, 34 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 2023, St Ambrose Housing Aid Center Inc reported income of $4.5m and spending of $4.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.9m to $4.5m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Ambrose Housing Aid Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include American Village Communities Inc ($4.5m), Habitat for Humanity International Inc ($4.5m) and Christian Benevolent Outreach Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $147k (3.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $10.6m against liabilities of $5.5m, net assets of $5.2m. It reported 37 employees.