Prince Edward Graves Homes Inc

Analysis

Prince Edward Graves Homes Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in September 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Prince Edward Graves Homes Inc reported income of $778k and spending of $748k, spending 96% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $726k to $778k (+7.1%), an average of +1.4% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prince Edward Graves Homes Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Franciscan Fathers of Texas ($777k), World Gastroenterology Organisation ($778k) and The Scarsdale Adult School ($777k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $161k. At year end it held assets of $1.8m against liabilities of $2.2m, net assets of -$383k. It reported 5 employees.