Presbyterian Homes of Georgia Inc

Analysis

Presbyterian Homes of Georgia Inc is a registered charity in United States, based in Quitman, GA. It received its IRS tax-exemption ruling in January 1992, 34 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 December 2023, Presbyterian Homes of Georgia Inc reported income of $8.6m and spending of $7.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $8.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Homes of Georgia Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Texas Neighborhood Services ($8.6m), Martin de Porres Youth and Family Services ($8.6m) and Arlington Thrive Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $767k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $32.7m against liabilities of $8.0m, net assets of $24.7m. It reported 19 employees.