Church of Christ Home for the Aged

Analysis

Church of Christ Home for the Aged is a registered charity in United States, based in Clinton TWP, MI. It received its IRS tax-exemption ruling in April 1945, 81 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Church of Christ Home for the Aged reported income of $12.5m and spending of $13.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.4m to $12.5m (-6.9%), an average of -1.8% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Church of Christ Home for the Aged 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 MI. Charities of a similar size with the same main cause include Millard Public Schools Foundation Inc ($12.5m), Second Helpings Atlanta Inc ($12.5m) and Meals of Hope Inc ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 88% of the total. Other salaries and wages came to $6.2m. At year end it held assets of $16.8m against liabilities of $3.0m, net assets of $13.8m. It reported 256 employees.