Saint Elizabeth Shelter Corporation

Analysis

Saint Elizabeth Shelter Corporation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in August 1986, 40 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 2023, Saint Elizabeth Shelter Corporation reported income of $4.1m and spending of $3.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $4.1m (+148%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Saint Elizabeth Shelter Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NM. Charities of a similar size with the same main cause include Mars Holdings Inc ($4.1m), Beech Interplex Inc ($4.1m) and Hawaii Assisted Housing Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $110k (3.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.8m against liabilities of $416k, net assets of $5.4m. It reported 64 employees.