St Marks Episcopal Housing Development Corporation

Analysis

St Marks Episcopal Housing Development Corporation is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 1988, 38 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 Marks Episcopal Housing Development Corporation reported income of $271k and spending of $229k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $271k (+9.8%), an average of +2.4% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marks Episcopal Housing Development Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within MS. Charities of a similar size with the same main cause include American Clan Gregor Society Charity and Education Fund ($271k), National Association of Boards of Pharmacy Foundation Inc ($271k) and Citizen Advocacy of Chester County ($271k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $38k. At year end it held assets of $309k against liabilities of $407k, net assets of -$98k. It reported 2 employees.