Free Will Baptist Retirement Homes Inc

Analysis

Free Will Baptist Retirement Homes Inc is a registered charity in United States, based in Ayden, NC. It received its IRS tax-exemption ruling in March 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Free Will Baptist Retirement Homes Inc reported income of $102k and spending of $89k, spending 87% of its income. Across the 3 years on record, from June 2020 to June 2024, income grew from $90k to $102k (+13%), an average of +6.3% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Free Will Baptist Retirement Homes Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include National Institute of Governmental Purchasing Inc ($102k), Novi Educational Foundation ($102k) and International House of Prayer for All People ($102k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $212k against liabilities of $582, net assets of $212k.