Presbyterian Homes of Arden Hills Inc

Analysis

Presbyterian Homes of Arden Hills Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in October 1988, 38 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, Presbyterian Homes of Arden Hills Inc reported income of $30.6m and spending of $28.9m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $29.8m to $30.6m (+3.0%), an average of +0.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Homes of Arden Hills Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Coastal Bend Food Bank ($30.6m), Guidewire Inc ($30.6m) and Childrens Aid and Family Services Inc ($30.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.0% and program service revenue 93% of the total. Other salaries and wages came to $14.2m. At year end it held assets of $63.2m against liabilities of $35.4m, net assets of $27.8m.