St Mark Village Inc

Analysis

St Mark Village Inc is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, St Mark Village Inc reported income of $25.7m and spending of $26.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.6m to $25.7m (+14%), an average of +3.3% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Mark Village Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Community Progress Council Inc ($25.7m), Westminster Presbyterian Homes Inc ($25.8m) and Advance Child Care Inc ($25.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Other salaries and wages came to $11.5m. At year end it held assets of $33.9m against liabilities of $39.9m, net assets of -$6.1m. It reported 531 employees.