Presbyterian Homes of Tampa Inc

Analysis

Presbyterian Homes of Tampa Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in December 1982, 44 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 December 2023, Presbyterian Homes of Tampa Inc reported income of $894k and spending of $806k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $821k to $894k (+9.0%), an average of +2.2% 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, Presbyterian Homes of Tampa Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Geer Corporation ($894k), Arizona Educational Foundation Inc ($895k) and Rutland Area Christian School ($894k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $224k. At year end it held assets of $1.8m against liabilities of $2.5m, net assets of -$633k. It reported 7 employees.