Fairview Home Inc

Analysis

Fairview Home Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in October 1982, 44 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 June 2023, Fairview Home Inc reported income of $924k and spending of $1.5m, spending 158% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.2m to $924k (-21%), an average of -7.4% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fairview Home Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include New Mexico Council on Problem Gambling ($923k), Lifespan Extension Advocacy Foundation Inc ($924k) and Kingdom Life Recovery Inc ($923k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Other salaries and wages came to $935k. At year end it held assets of $0 against liabilities of $0, net assets of $0.