Presbyterian Village of Homer

Analysis

Presbyterian Village of Homer is a registered charity in United States, based in Homer, LA. It received its IRS tax-exemption ruling in July 1962, 64 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 April 2024, Presbyterian Village of Homer reported income of $5.5m and spending of $5.2m, spending 95% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $3.6m to $5.5m (+50%), an average of +8.5% a year. The sharpest change came in the year to April 2023, when income rose by 22%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presbyterian Village of Homer sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include CK Behavioral Health Services Inc ($5.5m), Specialized Treatment Education and Prevention Services Inc ($5.5m) and South Peninsula Behavioral Health Services Inc ($5.5m).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $1.6m against liabilities of $625k, net assets of $987k. It reported 103 employees.