St Peters Home
St Peters Home consistently operates with a surplus and reports no officer compensation.
EIN: 20222228 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $4.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $10.4M |
| Transparency Score | 95/100 |
Is St Peters Home Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Peters Home directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Peters Home
St Peters Home (EIN: 20222228) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $6.1M and total assets of $13.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Peters Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Peters Home is a mid-size nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$681K |
| Total Assets | $10.8M |
| Total Liabilities | $390K |
| Net Assets | $10.4M |
| Operating Margin | 14.4% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 32.0 months |
Financial Health Grade: A
In 2023, St Peters Home reported a surplus of $681K with revenue exceeding expenses, holds 32.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), St Peters Home's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | +3.7% | +6.8% |
| 2022 | +9.5% | +9.6% | -7.1% |
| 2021 | +40.0% | -5.4% | +14.4% |
| 2020 | -12.1% | -0.3% | +2.8% |
| 2019 | +6.7% | +6.5% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Peters Home with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, St Peters Home allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $681K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Executive Compensation Analysis
St Peters Home consistently reports 0% officer compensation across all available filings, indicating that executive leadership may be entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with over $4 million in annual revenue and over $10 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of St Peters Home's IRS 990 filings:
- Unusually low liabilities relative to assets, potentially indicating minimal debt or specific funding structures.
- No reported officer compensation for an organization of this size, which, while positive for efficiency, can sometimes lack transparency regarding how leadership is sustained or compensated indirectly.
Strengths
The following positive indicators were identified for St Peters Home:
- Consistent operational surpluses, demonstrating strong financial management (e.g., $681,364 surplus in 2023).
- Growing asset base, increasing from $9,238,240 in 2019 to $10,777,358 in 2023, indicating long-term stability.
- Zero reported officer compensation, suggesting a very high percentage of funds are directed to programs.
- Stable and increasing revenue over the past five years, from $3,553,658 in 2019 to $4,727,940 in 2023.
- Low liabilities relative to assets, indicating a strong balance sheet and financial security (e.g., $390,448 liabilities vs. $10,777,358 assets in 2023).
Frequently Asked Questions about St Peters Home
Is St Peters Home a legitimate charity?
Based on AI analysis of IRS 990 filings, St Peters Home (EIN: 20222228) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does St Peters Home spend its money?
St Peters Home directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Peters Home tax-deductible?
St Peters Home is registered as a tax-exempt nonprofit (EIN: 20222228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Peters Home CEO make?
St Peters Home's highest-compensated officer earns $4 annually. The organization reported $6.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Peters Home's spending goes to programs?
St Peters Home directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is St Peters Home located?
St Peters Home is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20222228.
How many years of IRS 990 filings does St Peters Home have?
St Peters Home has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.1M in total revenue.
Is St Peters Home a good charity?
Based on the available financial data, St Peters Home appears to be a very good charity. It consistently generates surpluses, has a growing asset base, and notably reports no officer compensation, suggesting a very high proportion of funds are directed towards its mission.
How has St Peters Home's financial health changed over time?
St Peters Home has shown consistent financial growth and stability. Its assets have grown from $9,238,240 in 2019 to $10,777,358 in 2023, and revenue has increased from $3,553,658 to $4,727,940 in the same period, indicating a healthy upward trend.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is highly unusual for an organization of its size. This suggests a strong commitment to minimizing administrative overhead at the executive level.
Does St Peters Home manage its expenses effectively?
Yes, St Peters Home appears to manage its expenses effectively. In 2023, expenses were $4,046,576 against revenues of $4,727,940, resulting in a significant surplus. This trend of spending less than revenue is consistent across recent years.
Filing History
IRS 990 filing history for St Peters Home showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), St Peters Home's revenue has grown by 59.6%, moving from $3.0M to $4.7M. Total assets increased by 20.4% over the same period, from $8.9M to $10.8M. Total functional expenses rose by 53.4%, from $2.6M to $4.0M. In its most recent filing year (2023), St Peters Home reported a surplus of $681K, with revenue exceeding expenses. The organization holds $390K in liabilities against $10.8M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $10.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.0M | $10.8M | $390K | — | — |
| 2022 | $4.8M | $3.9M | $10.1M | $378K | — | View 990 |
| 2021 | $4.4M | $3.6M | $10.9M | $298K | — | View 990 |
| 2020 | $3.1M | $3.8M | $9.5M | $966K | — | View 990 |
| 2019 | $3.6M | $3.8M | $9.2M | $425K | — | View 990 |
| 2018 | $3.3M | $3.5M | $9.5M | $330K | — | View 990 |
| 2017 | $707K | $802K | $9.5M | $236K | — | View 990 |
| 2017 | $3.2M | $3.3M | $9.6M | $294K | — | View 990 |
| 2016 | $3.3M | $3.2M | $9.9M | $221K | — | View 990 |
| 2015 | $3.2M | $3.2M | $9.6M | $247K | — | View 990 |
| 2014 | $3.1M | $2.9M | $9.8M | $196K | — | View 990 |
| 2013 | $3.1M | $2.8M | $9.4M | $143K | — | View 990 |
| 2012 | $3.0M | $2.7M | $9.4M | $145K | — | View 990 |
| 2011 | $3.0M | $2.6M | $8.9M | $201K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.0M, and assets of $10.8M (revenue -1.3% year-over-year).
- 2022: Revenue of $4.8M, expenses of $3.9M, and assets of $10.1M (revenue +9.5% year-over-year).
- 2021: Revenue of $4.4M, expenses of $3.6M, and assets of $10.9M (revenue +40.0% year-over-year).
- 2020: Revenue of $3.1M, expenses of $3.8M, and assets of $9.5M (revenue -12.1% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.8M, and assets of $9.2M (revenue +6.7% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.5M, and assets of $9.5M (revenue +371.0% year-over-year).
- 2017: Revenue of $707K, expenses of $802K, and assets of $9.5M (revenue -78.1% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.3M, and assets of $9.6M (revenue -1.8% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.2M, and assets of $9.9M (revenue +3.8% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.2M, and assets of $9.6M (revenue +1.6% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.9M, and assets of $9.8M (revenue -0.4% year-over-year).
- 2013: Revenue of $3.1M, expenses of $2.8M, and assets of $9.4M (revenue +5.3% year-over-year).
- 2012: Revenue of $3.0M, expenses of $2.7M, and assets of $9.4M (revenue +0.4% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.6M, and assets of $8.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Peters Home:
Data Sources and Methodology
This transparency report for St Peters Home is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.