Bala Presbyterian Home Foundation

Analysis

Bala Presbyterian Home Foundation is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bala Presbyterian Home Foundation reported income of $3.7m and spending of $3.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.7m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 188%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bala Presbyterian Home Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include New Life TN ($3.7m), Hearts with a Mission ($3.7m) and Mental Health Association Residential Care Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% of the total. At year end it held assets of $65.6m against liabilities of $192k, net assets of $65.4m.