Presence Home Care

Analysis

Presence Home Care is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Presence Home Care reported income of $11.3m and spending of $17.8m, spending 157% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.2m to $11.3m (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presence Home Care sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Traditions at Chillicothe ($11.3m), Midwest Special Services Inc ($11.3m) and Hospice of Gaston County Inc ($11.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.3m against liabilities of $2.6m, net assets of -$1.3m.

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.