British Home for Retired Men and Women

Analysis

British Home for Retired Men and Women is a registered charity in United States, based in Brookfield, IL. It received its IRS tax-exemption ruling in February 1927, 99 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 September 2023, British Home for Retired Men and Women reported income of $13.3m and spending of $15.3m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $14.7m to $13.3m (-9.6%), an average of -2.5% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, British Home for Retired Men and Women sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Planning Council ($13.3m), Community Hope Inc ($13.3m) and Stepping Stones of Rockford Inc ($13.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $382k (2.5% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $19.3m against liabilities of $10.9m, net assets of $8.5m. It reported 218 employees.