St Thomas Episcopal Senior Citizens Housing Devel Fund Corp
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp shows strong program spending and significant asset growth in 2023 with no reported officer compensation.
EIN: 133162242 · Long Is City, NY · NTEE: L220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Search Intent Cockpit
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp Form 990, Revenue, CEO Pay, and IRS Filing Signals
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp 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 Thomas Episcopal Senior Citizens Housing Devel Fund Corp in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $3.0M and expenses of $2.0M.
Revenue and Expenses
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp reported $3.0M in revenue and $2.0M in expenses, a surplus of $1.0M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is St Thomas Episcopal Senior Citizens Housing Devel Fund Corp 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 | $1.8M (90%) |
Across stored filings, St Thomas Episcopal Senior Citizens Housing Devel Fund Corp 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; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Category L context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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All Category L
Local and Sector Spokes
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Long Is City, NY nonprofitsCategory L in New York
Human Services in New York
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Keep the Investigation Moving
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Thomas Episcopal Senior Citizens Housing Devel Fund Corp
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp (EIN: 133162242) is a nonprofit organization based in Long Is City, NY, classified under NTEE code L220. The organization reported total revenue of $3.2M and total assets of $18.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Thomas Episcopal Senior Citizens Housing Devel Fund Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $19.3M |
| Total Liabilities | $17.5M |
| Net Assets | $1.8M |
| Operating Margin | 33.9% |
| Debt-to-Asset Ratio | 90.6% |
| Months of Reserves | 114.8 months |
Financial Health Grade: A
In 2023, St Thomas Episcopal Senior Citizens Housing Devel Fund Corp reported a surplus of $1.0M with revenue exceeding expenses, holds 114.8 months of operating reserves (strong position), has a debt-to-asset ratio of 90.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Thomas Episcopal Senior Citizens Housing Devel Fund Corp's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.0% | +5.2% | +1127.2% |
| 2022 | -5.7% | -7.3% | -2.5% |
| 2021 | +5.0% | +11.5% | +2.8% |
| 2020 | +4.9% | -7.0% | -7.9% |
| 2019 | +14.2% | +1.5% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Thomas Episcopal Senior Citizens Housing Devel Fund Corp with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, St Thomas Episcopal Senior Citizens Housing Devel Fund Corp allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through an external entity, which contributes to lower administrative overhead.
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 Thomas Episcopal Senior Citizens Housing Devel Fund Corp's IRS 990 filings:
- Significant increase in liabilities from $798,184 in 2022 to $17,480,727 in 2023, requiring scrutiny of the nature and terms of this debt.
Strengths
The following positive indicators were identified for St Thomas Episcopal Senior Citizens Housing Devel Fund Corp:
- Consistent high percentage of spending on program services, indicating strong mission focus.
- No reported officer compensation across all filings, suggesting efficient use of funds and potentially volunteer leadership.
- Stable and generally increasing revenue stream over the past decade, demonstrating financial sustainability.
- Substantial asset growth in 2023, potentially indicating expansion of housing capacity or significant capital investment in its mission.
Frequently Asked Questions about St Thomas Episcopal Senior Citizens Housing Devel Fund Corp
Is St Thomas Episcopal Senior Citizens Housing Devel Fund Corp a legitimate charity?
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp (EIN: 133162242) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does St Thomas Episcopal Senior Citizens Housing Devel Fund Corp spend its money?
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to St Thomas Episcopal Senior Citizens Housing Devel Fund Corp tax-deductible?
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp is registered as a tax-exempt nonprofit (EIN: 133162242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Thomas Episcopal Senior Citizens Housing Devel Fund Corp's spending goes to programs?
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Thomas Episcopal Senior Citizens Housing Devel Fund Corp compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), St Thomas Episcopal Senior Citizens Housing Devel Fund Corp is above average for NTEE category L220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Thomas Episcopal Senior Citizens Housing Devel Fund Corp located?
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp is headquartered in Long Is City, New York and files with the IRS under EIN 133162242. It is classified under NTEE code L220.
How many years of IRS 990 filings does St Thomas Episcopal Senior Citizens Housing Devel Fund Corp have?
St Thomas Episcopal Senior Citizens Housing Devel Fund Corp 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 $3.2M in total revenue.
Is St Thomas Episcopal Senior Citizens Housing Devel Fund Corp a good charity?
Based on the available IRS 990 data, the organization appears to be a good charity. It consistently dedicates a high percentage of its expenses to program services, has stable revenue, and reports no officer compensation, suggesting efficient use of funds for its mission.
What caused the significant increase in assets and liabilities between 2022 and 2023?
The increase in assets from $1,571,672 in 2022 to $19,287,460 in 2023, accompanied by a similar rise in liabilities, strongly suggests a major capital project, such as the acquisition or development of new housing properties. Further details would be in the full 990 filing's balance sheet and statements of activities.
How does the organization fund its operations given no officer compensation?
The absence of officer compensation suggests that the organization's leadership may be volunteer-based, or that executive services are provided by an affiliated entity or through a management fee structure that is not categorized as direct officer compensation on the 990. This typically indicates a lean operational model.
Filing History
IRS 990 filing history for St Thomas Episcopal Senior Citizens Housing Devel Fund Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Thomas Episcopal Senior Citizens Housing Devel Fund Corp's revenue has grown by 67.9%, moving from $1.8M to $3.0M. Total assets increased by 527.4% over the same period, from $3.1M to $19.3M. Total functional expenses rose by 18.8%, from $1.7M to $2.0M. In its most recent filing year (2023), St Thomas Episcopal Senior Citizens Housing Devel Fund Corp reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $17.5M in liabilities against $19.3M in assets (debt-to-asset ratio: 90.6%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $2.0M | $19.3M | $17.5M | — | — |
| 2022 | $2.3M | $1.9M | $1.6M | $798K | — | View 990 |
| 2021 | $2.4M | $2.1M | $1.6M | $1.2M | — | View 990 |
| 2020 | $2.3M | $1.9M | $1.6M | $1.5M | — | View 990 |
| 2019 | $2.2M | $2.0M | $1.7M | $2.1M | — | View 990 |
| 2018 | $1.9M | $2.0M | $1.8M | $2.4M | — | View 990 |
| 2017 | $2.0M | $1.9M | $2.0M | $2.6M | — | View 990 |
| 2016 | $1.9M | $1.8M | $2.3M | $2.9M | — | View 990 |
| 2015 | $1.9M | $1.8M | $2.6M | $3.3M | — | View 990 |
| 2014 | $1.9M | $1.8M | $2.6M | $3.5M | — | View 990 |
| 2013 | $1.8M | $1.7M | $2.8M | $3.7M | — | View 990 |
| 2012 | $1.7M | $1.7M | $2.9M | $3.9M | — | View 990 |
| 2011 | $1.8M | $1.7M | $3.1M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $2.0M, and assets of $19.3M (revenue +34.0% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.9M, and assets of $1.6M (revenue -5.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.1M, and assets of $1.6M (revenue +5.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.9M, and assets of $1.6M (revenue +4.9% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.0M, and assets of $1.7M (revenue +14.2% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.0M, and assets of $1.8M (revenue -2.2% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.9M, and assets of $2.0M (revenue +1.2% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.8M, and assets of $2.3M (revenue +2.3% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.8M, and assets of $2.6M (revenue +1.4% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $2.6M (revenue +1.4% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.7M, and assets of $2.8M (revenue +6.1% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $2.9M (revenue -4.5% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.7M, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Thomas Episcopal Senior Citizens Housing Devel Fund Corp:
Data Sources and Methodology
This transparency report for St Thomas Episcopal Senior Citizens Housing Devel Fund Corp 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.