St Francis Home for Young Men Inc

Analysis

St Francis Home for Young Men Inc is a registered charity in United States, based in Monticello, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Francis Home for Young Men Inc reported income of $93k and spending of $86k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $196k to $93k (-53%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Home for Young Men Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Big Laurel Learning Center Inc ($93k), Keeseville Free Library ($93k) and Friends of the Hunterdon County Library ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.