Associate Reformed Presbyterian Home

Analysis

Associate Reformed Presbyterian Home is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in July 1981, 45 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Associate Reformed Presbyterian Home reported income of $1.0m and spending of $907k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $860k to $1.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Associate Reformed Presbyterian Home sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include San Diego Nihongo Kyoiku Shinkokai ($1.0m), San Veron Park Corporation ($1.0m) and Society of Naval Architects and Marine Engineers ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 37% of the total. At year end it held assets of $3.5m against liabilities of $4.8m, net assets of -$1.3m.