Saint Ann Retirement Center Inc

Analysis

Saint Ann Retirement Center Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Saint Ann Retirement Center Inc reported income of $4.9m and spending of $3.9m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $4.9m (-15%), an average of -3.9% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Ann Retirement Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include West Virginia Laborers Training ($4.9m), Healthy Start Coalition of Orange County Inc ($4.9m) and Crisis Management Services Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $151k (3.9% of expenses). Other salaries and wages came to $580k. At year end it held assets of $12.2m against liabilities of $4.4m, net assets of $7.7m. It reported 55 employees.