Grandview Retirement Home Inc

Analysis

Grandview Retirement Home Inc is a registered charity in United States, based in Glendive, MT. It received its IRS tax-exemption ruling in July 1981, 45 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 December 2023, Grandview Retirement Home Inc reported income of $390k and spending of $383k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $358k to $390k (+8.9%), an average of +1.7% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grandview Retirement Home Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MT. Charities of a similar size with the same main cause include Gvec Charitable Foundation ($389k), North Alabama Coalition for the Homeless ($390k) and Victory Housing Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 96% of the total. Other salaries and wages came to $166k. At year end it held assets of $830k against liabilities of $0, net assets of $830k. It reported 12 employees.