Adventist Homes Inc

Analysis

Adventist Homes Inc is a registered charity in United States, based in Livingston, NY. It received its IRS tax-exemption ruling in April 1947, 79 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adventist Homes Inc reported income of $215k and spending of $211k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $207k to $215k (+3.9%), an average of +1.9% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adventist Homes Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Olford Ministries International Inc ($215k), Rcap Solutions Financial Servicesinc ($215k) and Gaston Arts Council ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $23k. At year end it held assets of $380k against liabilities of $242k, net assets of $138k. It reported 6 employees.