Christian Rest Home Association

Analysis

Christian Rest Home Association is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 1946, 80 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 May 2023, Christian Rest Home Association reported income of $14.4m and spending of $15.8m, spending 110% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $15.0m to $14.4m (-4.2%), an average of -1.1% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Christian Rest Home Association 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 MI. Charities of a similar size with the same main cause include Gifford Health Care Inc ($14.4m), Eastcastle Place Inc ($14.4m) and Konza Prairie Community Health Center Inc ($14.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 10% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $402k (2.5% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $22.1m against liabilities of $1.3m, net assets of $20.8m. It reported 351 employees.