Bradford Ecumenical Home Inc

Analysis

Bradford Ecumenical Home Inc is a registered charity in United States, based in Bradford, PA. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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, Bradford Ecumenical Home Inc reported income of $15.4m and spending of $13.4m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.2m to $15.4m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bradford Ecumenical Home Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Southern Iowa Economic Development Association ($15.4m), St Luke Lutheran Home for the Aging ($15.4m) and Merced County Community Action Board ($15.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $266k (2.0% of expenses). At year end it held assets of $17.8m against liabilities of $2.3m, net assets of $15.4m. It reported 332 employees.