Presbyterian Homes Mill Pond Inc

Analysis

Presbyterian Homes Mill Pond Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Presbyterian Homes Mill Pond Inc reported income of $13.8m and spending of $13.6m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.5m to $13.8m (+20%), an average of +4.6% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presbyterian Homes Mill Pond Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Mercy Hospital of Franciscan Sisters Inc ($13.8m), Physician Care PC ($13.8m) and St John Health System Foundation Inc ($13.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $37.6m against liabilities of $34.7m, net assets of $2.9m.