Presbyterian Homes of Decatur Inc

Analysis

Presbyterian Homes of Decatur Inc is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Presbyterian Homes of Decatur Inc reported income of $1.3m and spending of $1.4m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.3m (+8.7%), an average of +2.1% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Presbyterian Homes of Decatur 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 82nd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Trolinger House Inc ($1.3m), Masonic Home of Montana ($1.3m) and Esperanza En Escalante ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $2.4m against liabilities of $3.8m, net assets of -$1.4m.