Stella Maris House Inc

Analysis

Stella Maris House Inc is a registered charity in United States, based in Laud Lakes, FL. It received its IRS tax-exemption ruling in June 1983, 43 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 June 2023, Stella Maris House Inc reported income of $2.2m and spending of $1.8m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $2.2m (+20%), an average of +6.2% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stella Maris House Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Nevada County Housing Development Corporation ($2.2m), Jeanne D Arc Manor ($2.3m) and Mission Norman Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $151k. At year end it held assets of $3.2m against liabilities of $4.6m, net assets of -$1.4m. It reported 5 employees.