Broad Acres Nursing Home Association

Analysis

Broad Acres Nursing Home Association is a registered charity in United States, based in Wellsboro, PA. It received its IRS tax-exemption ruling in June 1975, 51 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, Broad Acres Nursing Home Association reported income of $10.6m and spending of $12.2m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.4m to $10.6m (-15%), an average of -3.8% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Broad Acres Nursing Home Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Jackson Feild Homes Incorporated ($10.6m), Gateways to Change Inc ($10.6m) and All Care Hospice Inc ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $220k (1.8% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $5.5m against liabilities of $1.3m, net assets of $4.2m. It reported 178 employees.