Fairbury Assisted Living Facility

Analysis

Fairbury Assisted Living Facility is a registered charity in United States, based in Fairbury, NE. It received its IRS tax-exemption ruling in August 2001, 25 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, Fairbury Assisted Living Facility reported income of $2.7m and spending of $2.4m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.7m (+38%), an average of +8.5% a year. The sharpest change came in the year to September 2023, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fairbury Assisted Living Facility sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Help Ministries Inc ($2.7m), Bethel Family Resource Center ($2.7m) and Friends of the Coalition ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 84% of the total. Other salaries and wages came to $934k. At year end it held assets of $3.0m against liabilities of $312k, net assets of $2.7m. It reported 36 employees.