St James Place Services Inc

Analysis

St James Place Services Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, St James Place Services Inc reported income of $185k and spending of $138k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $185k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St James Place Services Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Kentucky Communities Housing Corporation ($185k), The Arlington Master Chorale ($185k) and Anaconda Thrift Center ($185k).

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 $49k against liabilities of $0, net assets of $49k.