St Dominic Place Inc

Analysis

St Dominic Place Inc is a registered charity in United States, based in New Iberia, LA. It received its IRS tax-exemption ruling in October 2003, 23 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 June 2024, St Dominic Place Inc reported income of $142k and spending of $177k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $104k to $142k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Dominic Place Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Charles Place Apartments NFP ($142k), Trinity Housing Services Inc ($142k) and St Gabriel Manor Inc ($142k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $11k. At year end it held assets of $774k against liabilities of $16k, net assets of $758k.

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.