St Simeons Episcopal Home Inc

Analysis

St Simeons Episcopal Home Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Simeons Episcopal Home Inc reported income of $15.6m and spending of $16.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.2m to $15.6m (+18%), an average of +4.2% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Simeons Episcopal Home Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Lifestream Services Inc ($15.6m), Janus Youth Programs Inc ($15.6m) and Frontier Community Services ($15.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $362k (2.2% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $23.7m against liabilities of $2.3m, net assets of $21.4m. It reported 427 employees.

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.