St Peters Housing Development Corporation Inc
St. Peters Housing Development Corp: Stable Revenue, Declining Assets, and Transparency Gaps
EIN: 222524251 · Phoenixville, PA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $792K |
| Total Expenses | $759K |
| Program Spending | 75% |
| Net Assets | $-835,596 |
| Transparency Score | 65/100 |
Search Intent Cockpit
St Peters Housing Development Corporation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
St Peters Housing Development Corporation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around St Peters Housing Development Corporation Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $744K and expenses of $759K.
Revenue and Expenses
St Peters Housing Development Corporation Inc reported $744K in revenue and $759K in expenses, a deficit of $15K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is St Peters Housing Development Corporation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $570K (75%) |
Across stored filings, St Peters Housing Development Corporation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with The Garage Community And Youth Center | Pennsylvania and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Compare with The Garage Community And Youth Center →All Pennsylvania nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Phoenixville, PA nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
St Peters Housing Development Corporation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Peters Housing Development Corporation Inc
St Peters Housing Development Corporation Inc (EIN: 222524251) is a nonprofit organization based in Phoenixville, PA. The organization reported total revenue of $792K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Peters Housing Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Peters Housing Development Corporation Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $744K |
| Total Expenses | $759K |
| Surplus / Deficit | $-14,951 |
| Total Assets | $1.2M |
| Total Liabilities | $2.0M |
| Net Assets | $-835,596 |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 169.3% |
| Months of Reserves | 19.0 months |
Financial Health Grade: C
In 2023, St Peters Housing Development Corporation Inc reported a deficit of $15K with expenses exceeding revenue, holds 19.0 months of operating reserves (strong position), has a debt-to-asset ratio of 169.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Peters Housing Development Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | +1.0% | -4.9% |
| 2022 | -2.0% | +7.8% | -5.9% |
| 2021 | +2.9% | +3.1% | -0.8% |
| 2020 | +1.7% | -6.7% | -1.3% |
| 2019 | +1.3% | +6.4% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Housing Development Corporation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, St Peters Housing Development Corporation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 169.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific figures, as the provided data does not include detailed salary information for leadership.
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 Housing Development Corporation Inc's IRS 990 filings:
- 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
The following positive indicators were identified for St Peters Housing Development Corporation Inc:
- 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.
Frequently Asked Questions about St Peters Housing Development Corporation Inc
Is St Peters Housing Development Corporation Inc a legitimate charity?
St Peters Housing Development Corporation Inc (EIN: 222524251) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $792K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does St Peters Housing Development Corporation Inc spend its money?
St Peters Housing Development Corporation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to St Peters Housing Development Corporation Inc tax-deductible?
St Peters Housing Development Corporation Inc is registered as a tax-exempt nonprofit (EIN: 222524251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Peters Housing Development Corporation Inc's spending goes to programs?
St Peters Housing Development Corporation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is St Peters Housing Development Corporation Inc located?
St Peters Housing Development Corporation Inc is headquartered in Phoenixville, Pennsylvania and files with the IRS under EIN 222524251.
How many years of IRS 990 filings does St Peters Housing Development Corporation Inc have?
St Peters Housing Development Corporation Inc has 13 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 $792K in total revenue.
What does St Peters Housing Development Corporation Inc do?
St Peters Housing Development Corporation Inc is a nonprofit organization in the Unknown sector, located in Phoenixville, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does St Peters Housing Development Corporation Inc have?
St Peters Housing Development Corporation Inc reported total revenue of $792,070. Based on 13 IRS 990 filings on record.
What are St Peters Housing Development Corporation Inc's total assets?
St Peters Housing Development Corporation Inc holds total assets of $1,163,916 as reported in IRS 990 filings.
Where is St Peters Housing Development Corporation Inc located?
St Peters Housing Development Corporation Inc is based in Phoenixville, Pennsylvania.
What is St Peters Housing Development Corporation Inc's EIN?
St Peters Housing Development Corporation Inc's Employer Identification Number (EIN) is 222524251. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is St Peters Housing Development Corporation Inc?
St Peters Housing Development Corporation Inc is classified under NTEE code Unknown (Unknown).
Is St Peters Housing Development Corporation Inc a registered 501(c)(3)?
St Peters Housing Development Corporation Inc appears in IRS records (EIN: 222524251). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does St Peters Housing Development Corporation Inc file IRS Form 990?
Yes, St Peters Housing Development Corporation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was St Peters Housing Development Corporation Inc's revenue in 2023?
In the 202312 filing period, St Peters Housing Development Corporation Inc reported total revenue of $744,495, total expenses of $759,446, and net assets of $1,205,066.
Is St Peters Housing Development Corporation Inc's revenue growing or declining?
St Peters Housing Development Corporation Inc's revenue is relatively stable. Revenue went from $716,264 (202212) to $744,495 (202312), a +3.9% change. Based on 13 filings on record.
What is St Peters Housing Development Corporation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for St Peters Housing Development Corporation Inc covers tax period 202312. It shows revenue of $744,495, expenses of $759,446, total assets of $1,205,066, and liabilities of $2,040,662.
How much does St Peters Housing Development Corporation Inc spend on programs vs administration?
Based on IRS 990 analysis, St Peters Housing Development Corporation Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is St Peters Housing Development Corporation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, St Peters Housing Development Corporation Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for St Peters Housing Development Corporation Inc?
The following concerns were identified: 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.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are St Peters Housing Development Corporation Inc's strengths?
Positive indicators for St Peters Housing Development Corporation Inc include: 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.. These findings are derived from AI analysis of the organization's financial filings.
How does St Peters Housing Development Corporation Inc compensate executives?
Executive compensation cannot be assessed without specific figures, as the provided data does not include detailed salary information for leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in total assets and the increasing negative net assets, what is the organization's long-term strategy for financial sustainability and asset management?
The continuous decrease in total assets from $1,533,035 in 2016 to $1,163,916 in 2023, alongside a worsening net asset position, suggests a need for a clear strategy to address asset depreciation or potential liabilities. Without further information, it's unclear if this is due to planned asset divestment, depreciation of existing assets, or other financial pressures.
How does the organization manage its liabilities, which consistently exceed its assets, and what is the plan to improve its solvency?
The consistent state where liabilities significantly outweigh assets (e.g., $2,040,662 in liabilities vs. $1,163,916 in assets in 2023) indicates a persistent solvency challenge. Understanding the nature of these liabilities (e.g., long-term debt, program commitments) and the organization's strategy to reduce them or increase assets is crucial for assessing its financial health.
Filing History
IRS 990 filing history for St Peters Housing Development Corporation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Peters Housing Development Corporation Inc's revenue has grown by 19.8%, moving from $621K to $744K. Total assets decreased by 34.7% over the same period, from $1.8M to $1.2M. Total functional expenses fell by 7.1%, from $817K to $759K. In its most recent filing year (2023), St Peters Housing Development Corporation Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $1.2M in assets (debt-to-asset ratio: 169.3%), resulting in net assets of $-835,596.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $744K | $759K | $1.2M | $2.0M | — | View 990 |
| 2022 | $716K | $752K | $1.3M | $2.1M | — | — |
| 2021 | $731K | $698K | $1.3M | $2.1M | — | View 990 |
| 2020 | $710K | $676K | $1.4M | $2.2M | — | — |
| 2019 | $698K | $725K | $1.4M | $2.2M | — | View 990 |
| 2018 | $689K | $682K | $1.4M | $2.3M | — | View 990 |
| 2017 | $674K | $703K | $1.5M | $2.3M | — | View 990 |
| 2016 | $656K | $684K | $1.5M | $2.3M | — | View 990 |
| 2015 | $661K | $706K | $1.6M | $2.4M | — | View 990 |
| 2014 | $652K | $702K | $1.7M | $2.4M | — | View 990 |
| 2013 | $649K | $649K | $1.7M | $2.4M | — | View 990 |
| 2012 | $631K | $662K | $1.8M | $2.5M | — | View 990 |
| 2011 | $621K | $817K | $1.8M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $744K, expenses of $759K, and assets of $1.2M (revenue +3.9% year-over-year).
- 2022: Revenue of $716K, expenses of $752K, and assets of $1.3M (revenue -2.0% year-over-year).
- 2021: Revenue of $731K, expenses of $698K, and assets of $1.3M (revenue +2.9% year-over-year).
- 2020: Revenue of $710K, expenses of $676K, and assets of $1.4M (revenue +1.7% year-over-year).
- 2019: Revenue of $698K, expenses of $725K, and assets of $1.4M (revenue +1.3% year-over-year).
- 2018: Revenue of $689K, expenses of $682K, and assets of $1.4M (revenue +2.3% year-over-year).
- 2017: Revenue of $674K, expenses of $703K, and assets of $1.5M (revenue +2.7% year-over-year).
- 2016: Revenue of $656K, expenses of $684K, and assets of $1.5M (revenue -0.8% year-over-year).
- 2015: Revenue of $661K, expenses of $706K, and assets of $1.6M (revenue +1.5% year-over-year).
- 2014: Revenue of $652K, expenses of $702K, and assets of $1.7M (revenue +0.4% year-over-year).
- 2013: Revenue of $649K, expenses of $649K, and assets of $1.7M (revenue +2.8% year-over-year).
- 2012: Revenue of $631K, expenses of $662K, and assets of $1.8M (revenue +1.6% year-over-year).
- 2011: Revenue of $621K, expenses of $817K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Peters Housing Development Corporation Inc:
Data Sources and Methodology
This transparency report for St Peters Housing Development Corporation Inc 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.