St James Housing Trust Inc

Analysis

St James Housing Trust Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St James Housing Trust Inc reported income of $280k and spending of $312k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $280k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 28%. 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 James Housing Trust Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Sparta Retirement Community Inc ($280k), Community Homeless Outreach Andsupport Inc ($280k) and Statesville Elderly Housing Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. Other salaries and wages came to $104k. At year end it held assets of $589k against liabilities of $1.9m, net assets of -$1.3m.

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.