Sayre Christian Village Nursing Home Inc

Analysis

Sayre Christian Village Nursing Home Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Sayre Christian Village Nursing Home Inc reported income of $17.3m and spending of $18.0m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.0m to $17.3m (+45%), an average of +9.7% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sayre Christian Village Nursing Home Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include Visiting Nurse Association of Saginaw ($17.3m), Westmoreland Casemanagement and Supports Inc ($17.4m) and East Longmeadow Management Systems Inc ($17.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $154k (0.9% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $14.1m against liabilities of $16.5m, net assets of -$2.4m. It reported 415 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.