St Francis Apts Inc

Analysis

St Francis Apts Inc is a registered charity in United States, based in Ocean Springs, MS. It received its IRS tax-exemption ruling in September 1987, 39 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 December 2023, St Francis Apts Inc reported income of $351k and spending of $343k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $351k (+13%), an average of +3.1% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Apts Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within MS. Charities of a similar size with the same main cause include Atp Tour Charities Inc ($351k), Michigan Horse Council ($351k) and Youth for Christ USA Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $70k. At year end it held assets of $470k against liabilities of $702k, net assets of -$232k.