St John Paul II Housing Inc

Analysis

St John Paul II Housing Inc is a registered charity in United States, based in Venice, FL. 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, St John Paul II Housing Inc reported income of $368k and spending of $806k, spending 219% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $152k to $368k (+143%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 65%. Over the whole period it spent 217% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St John Paul II Housing Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include PTA Georgia Congress ($368k), Balloon Federation of America ($369k) and Kaitlin a Kazanjian Memorial Scholarship Fund Inc ($368k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $84k. At year end it held assets of $6.4m against liabilities of $8.1m, net assets of -$1.7m.

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.