Santa Maria Hostel Inc

Analysis

Santa Maria Hostel Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 August 2023, Santa Maria Hostel Inc reported income of $13.5m and spending of $13.3m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $11.8m to $13.5m (+15%), an average of +3.5% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Santa Maria Hostel Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Advancing Connecticut Together Inc ($13.5m), Westminster Presbyterian Center Inc ($13.5m) and Eben Ezer Lutheran Care Center ($13.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $439k (3.3% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $6.2m against liabilities of $2.6m, net assets of $3.6m.