St Martins Manor Inc

Analysis

St Martins Manor Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, St Martins Manor Inc reported income of $1.9m and spending of $2.6m, spending 136% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $1.7m to $1.9m (+12%), an average of +2.3% a year. The sharpest change came in the year to September 2021, when income rose by 66%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Martins Manor Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Friendship Center of Helena Inc ($1.9m), Community Land Trust Association of West Marin ($1.9m) and Pathways to Recovery Inc ($1.9m).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 95% of the total. Other salaries and wages came to $278k. At year end it held assets of $32.5m against liabilities of $5.8m, net assets of $26.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.