St Croix Elderly Housing Inc

Analysis

St Croix Elderly Housing Inc is a registered charity in United States, based in Frederiksted, VI. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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 September 2023, St Croix Elderly Housing Inc reported income of $364k and spending of $385k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $361k to $364k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to September 2022, when income rose by 58%. 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 Croix Elderly Housing 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 65th percentile, and in the 70th percentile within VI. Charities of a similar size with the same main cause include Lake County Public Library Foundation Inc ($364k), Cheval Court Inc ($364k) and Prisoner Visitation & Support ($364k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 1.3% of the total. At year end it held assets of $837k against liabilities of $1.3m, net assets of -$478k.