Missionary Sisters of Saint Benedict Home for the Aged Inc

Analysis

Missionary Sisters of Saint Benedict Home for the Aged Inc is a registered charity in United States, based in Huntington, 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, Missionary Sisters of Saint Benedict Home for the Aged Inc reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+6.3%), an average of +1.5% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missionary Sisters of Saint Benedict Home for the Aged Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Affordable Housing Preservation Foundation ($1.5m), Portsmouth Electrical Joint Apprenticeship & Training Trust Fu ($1.5m) and Friends of the Coronado Public Library ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 94% of the total. Other salaries and wages came to $216k. At year end it held assets of $4.3m against liabilities of $41k, net assets of $4.2m. It reported 5 employees.