Bishop Noa Home for Senior Citizens

Analysis

Bishop Noa Home for Senior Citizens is a registered charity in United States, based in Escanaba, MI. It received its IRS tax-exemption ruling in March 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 June 2023, Bishop Noa Home for Senior Citizens reported income of $7.2m and spending of $7.9m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $8.6m to $7.2m (-16%), an average of -5.5% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. 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, Bishop Noa Home for Senior Citizens sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Upmc Center for High Value Health Care ($7.2m), Mercy Foundation ($7.2m) and Eastport Health Care Inc ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $103k (1.3% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $10.0m against liabilities of $2.2m, net assets of $7.9m. It reported 166 employees.