Newcourtland Life at St Bartholomew Inc

Analysis

Newcourtland Life at St Bartholomew Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Newcourtland Life at St Bartholomew Inc reported income of $529k and spending of $802k, spending 152% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $560k to $529k (-5.6%), an average of -1.9% a year. Over the whole period it spent 151% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Newcourtland Life at St Bartholomew Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Center City Housing Inc ($528k), Samchai ($529k) and Salvation Army Colorado Springs Residences Inc ($528k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $10.8m against liabilities of $12.3m, net assets of -$1.5m.

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.