St Marys Episcopal Retirement Homes Inc

Analysis

St Marys Episcopal Retirement Homes Inc is a registered charity in United States, based in Big Spring, TX. It received its IRS tax-exemption ruling in October 1981, 45 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 September 2024, St Marys Episcopal Retirement Homes Inc reported income of $2.2m and spending of $1.9m, spending 88% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $1.9m to $2.2m (+12%), an average of +2.9% 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, St Marys Episcopal Retirement Homes 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 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Del Norte Senior Center Inc ($2.2m), Inland Empire Residential Resources Inc ($2.2m) and Chateau de Notre Dame Facilities Corporation ($2.2m).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $381k. At year end it held assets of $4.3m against liabilities of $3.8m, net assets of $500k.