Operating record

Presbyterian Homes Foundation Inc

Greensboro, NC · EIN 58-2004356 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$3,190,837$2,464,691$726,146209.40%
2021$6,669,715$2,178,270$4,491,445282.30%
2022$3,007,342$2,399,298$608,044212.50%
2023$2,765,506$2,448,679$316,827227.70%

In its most recent public year (2023), this organization brought in $316,827 more than it spent. Its reserves stood at about 227.7 months of spending, up from 209.4 in 2020. Staff pay was 0% of spending. $7,551,377 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗