Presbyterian Homes Bloomington Care Center Inc

Analysis

Presbyterian Homes Bloomington Care Center Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in February 1998, 28 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 September 2023, Presbyterian Homes Bloomington Care Center Inc reported income of $25.4m and spending of $25.6m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $23.4m to $25.4m (+8.5%), an average of +2.1% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presbyterian Homes Bloomington Care Center Inc sits at the 90th percentile: it is larger than about 90% 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 Lightshare Behavioral Wellness & Recovery Inc ($25.4m), Scott & White Continuing Care Hospital ($25.4m) and Counseling & Recovery Services of Oklahoma Inc ($25.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Other salaries and wages came to $12.0m. At year end it held assets of $45.8m against liabilities of $30.9m, net assets of $14.8m.