Little Sisters of the Poor in Richmond

Analysis

Little Sisters of the Poor in Richmond is a registered charity in United States, based in Henrico, VA. 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 (gross receipts test) 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 in Richmond reported income of $893k and spending of $7.1m, spending 791% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.5m to $893k (-88%), an average of -41% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 191% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Little Sisters of the Poor in Richmond sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Compatior Inc ($892k), Bedford Va Research Corporation ($893k) and White Crane Wellness Center Inc ($892k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $743k against liabilities of $49k, net assets of $694k.