St Pauls Center Inc

Analysis

St Pauls Center Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in April 2006, 20 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 December 2023, St Pauls Center Inc reported income of $1.8m and spending of $1.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $822k to $1.8m (+119%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Pauls Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Reynolds House Non-Profit Corporation ($1.8m), Habitat for Humanity International Inc ($1.8m) and Capitol Area Community Development Corporation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $88k (5.4% of expenses). Other salaries and wages came to $384k. At year end it held assets of $9.5m against liabilities of $6.8m, net assets of $2.8m. It reported 20 employees.