St Petersburg Neighborhood Housing Services Inc

Analysis

St Petersburg Neighborhood Housing Services Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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 September 2023, St Petersburg Neighborhood Housing Services Inc reported income of $552k and spending of $457k, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $432k to $552k (+28%), an average of +6.3% a year. The sharpest change came in the year to September 2022, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Petersburg Neighborhood Housing Services Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Kent County Parks Foundation ($552k), Calvary Cemetery of Sioux City ($552k) and Chesapeake Christian Academy ($552k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $67k (15% of expenses). Other salaries and wages came to $192k. At year end it held assets of $1.3m against liabilities of $801k, net assets of $513k. It reported 13 employees.