Borg Pioneer Memorial Home

Analysis

Borg Pioneer Memorial Home is a registered charity in United States, based in Mountain, ND. It received its IRS tax-exemption ruling in May 1950, 76 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 December 2023, Borg Pioneer Memorial Home reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.3m (+4.8%), an average of +1.2% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Borg Pioneer Memorial Home sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within ND. Charities of a similar size with the same main cause include Council on Black Health ($1.3m), Resilient Retreat Inc ($1.3m) and Floyd Valley Hospital Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $82k (6.1% of expenses). Other salaries and wages came to $717k. At year end it held assets of $1.1m against liabilities of $29k, net assets of $1.0m. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.