St Martin de Porres Inc

Analysis

St Martin de Porres Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Martin de Porres Inc reported income of $2.9m and spending of $2.5m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.9m (+20%), an average of +4.6% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Martin de Porres 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 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Multi-Therapeutic Services Inc ($2.9m), Senior Citizens Housing Development Corp of Montgomery County ($2.9m) and Stephens Place ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $374k. At year end it held assets of $5.0m against liabilities of $6.0m, net assets of -$1.0m.