Presbyterian Home Quitman Retirement Inc

Analysis

Presbyterian Home Quitman Retirement Inc is a registered charity in United States, based in Quitman, GA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presbyterian Home Quitman Retirement Inc reported income of $203k and spending of $212k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $892k to $203k (-77%), an average of -31% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Presbyterian Home Quitman Retirement Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Special Force Ministries ($203k), Discovery Place Corporation ($203k) and RVM Roseburg II Housing Corporation ($203k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 71% of the total. At year end it held assets of $2.2m against liabilities of $1.1m, net assets of $1.2m.