Saint John Housing

Analysis

Saint John Housing is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in May 1951, 75 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Saint John Housing reported income of $254k and spending of $325k, spending 128% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income grew from $221k to $254k (+15%), an average of +2.9% a year. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint John Housing sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include White Clay Watershed Association ($254k), Make It Work ($254k) and Westport South Beach Historical Society ($254k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. At year end it held assets of $1.2m against liabilities of $2.5m, net assets of -$1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.