Passavant Retirement & Health Center

Analysis

Passavant Retirement & Health Center is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Passavant Retirement & Health Center reported income of $31.6m and spending of $34.0m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.6m to $31.6m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Passavant Retirement & Health Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Home of Guiding Hands Corporation ($31.6m), Marc Community Resources Inc ($31.7m) and Community Interactions Inc ($31.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 92% of the total. Other salaries and wages came to $10.5m. At year end it held assets of $92.8m against liabilities of $77.4m, net assets of $15.4m. It reported 306 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.