St Dominic Gardens Inc

Analysis

St Dominic Gardens Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, St Dominic Gardens Inc reported income of $2.4m and spending of $1.7m, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.4m (+48%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Dominic Gardens Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Purdue University Fort Wayne Foundation Inc ($2.4m), Veterans Education and Research Association of Michigan ($2.4m) and St Andrew Bay Center Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $222k. At year end it held assets of $4.2m against liabilities of $3.6m, net assets of $539k. It reported 7 employees.