St Bernard II
Analysis
St Bernard II 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 hospital or medical research organisation under section 501(c)(3).
In the financial year ending June 2024, St Bernard II reported income of $991k and spending of $1.2m, spending 119% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $858k to $991k (+16%), an average of +3.7% a year. Over the whole period it spent 120% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Bernard II sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Stoneman Village II Housing Corporation ($991k), Direction61 3 ($991k) and Bishop Broderick Apartments Housing Development Fund Company Inc ($991k).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $123k. At year end it held assets of $11.0m against liabilities of $4.2m, net assets of $6.8m.
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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stoneman Village II Housing Corporation | Pittsburg | $991k |
| Direction61 3 | McKinney | $991k |
| Bishop Broderick Apartments Housing Development Fund Company Inc | Albany | $991k |
| Olm Senior Housing Development Fund Corporation | New York | $991k |