Is St Peters Housing Development Corporation Inc Legit?
Quick charity verification for St Peters Housing Development Corporation Inc (EIN: 222524251)
Verdict: St Peters Housing Development Corporation Inc shows mixed signals
65/100Mission Score
$792KRevenue
$1.2MAssets
3Red Flags
3Strengths
Red Flags
Total assets have shown a consistent decline from $1,533,035 in 2016 to $1,163,916 in 2023, indicating potential long-term financial challenges or asset divestment.
The organization's net assets (assets minus liabilities) have also steadily decreased over the years, from $1,533,035 - $2,335,960 = -$802,925 in 2016 to $1,163,916 - $2,040,662 = -$876,746 in 2023, suggesting a worsening financial position.
The provided data lacks specific details on program expenses versus administrative and fundraising costs, making it difficult to ascertain the efficiency of resource allocation.
Strengths
Revenue has remained relatively stable over the past eight years, hovering around $700,000-$790,000, demonstrating consistent income generation.
The organization has maintained a consistent presence and operations since at least 2016, indicating stability in its mission and community engagement.
The organization has consistently reported 0% lobbying costs, suggesting a focus on direct service rather than political advocacy.
AI Transparency Report
St Peters Housing Development Corporation Inc is a unknown nonprofit based in Phoenixville, Pennsylvania, with reported revenue of $792K and assets of $1.2M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation cannot be assessed without specific figures, as the provided data does not include detailed salary information for leadership. Revenue has grown +20% across 13 filing periods.