Rochester Presbyterian Home Inc

Analysis

Rochester Presbyterian Home Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in November 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rochester Presbyterian Home Inc reported income of $14.5m and spending of $14.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.7m to $14.5m (+14%), an average of +3.4% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rochester Presbyterian Home Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Methodist Home of the South Georgia Conference ($14.5m), Battelle Education ($14.5m) and Villa Health Care Inc ($14.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $480k (3.4% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $5.7m against liabilities of $4.0m, net assets of $1.7m. It reported 249 employees.