St Charles Housing Inc

Analysis

St Charles Housing Inc is a registered charity in United States, based in Port Charlotte, FL. It received its IRS tax-exemption ruling in March 1946, 80 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 March 2024, St Charles Housing Inc reported income of $863k and spending of $785k, spending 91% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $813k to $863k (+6.2%), an average of +1.5% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Charles Housing Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include LA Maison Acadienne Inc ($863k), Switzerland County Emergency Medical Services Inc ($863k) and The Charlotte Maxwell Clinic ($863k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $122k. At year end it held assets of $2.6m against liabilities of $2.0m, net assets of $600k. It reported 5 employees.