Baptist Retirement Homes of North Carolina Incorporated
PO Box 11024, Winston Salem, NC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $44,428,310 | $55,572,638 | $75,167,815 |
| FY2024 | $44,295,811 | $51,979,121 | $80,271,071 |
| FY2023 | $52,031,584 | $47,484,488 | $77,901,491 |
| FY2022 | $39,587,272 | $39,252,162 | $32,822,677 |
| FY2021 | $32,374,194 | $30,465,530 | $40,515,510 |
| FY2020 | $29,238,012 | $29,250,958 | $36,220,309 |
| FY2019 | $29,132,344 | $28,431,090 | $35,652,477 |
| FY2018 | $29,535,329 | $27,822,966 | $34,850,839 |
| FY2017 | $28,365,590 | $26,762,003 | $33,128,609 |
| FY2016 | $26,235,779 | $25,792,265 | $30,343,239 |
| FY2015 | $28,459,208 | $26,073,279 | $29,186,052 |
| FY2014 | $26,552,586 | $25,155,574 | $28,667,518 |
| FY2013 | $26,666,432 | $24,991,040 | $26,752,438 |
| FY2012 | $27,585,404 | $24,602,186 | $25,950,595 |
Form 990 filings
The returns filed by Baptist Retirement Homes of North Carolina Incorporated (EIN 56-0562308), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,579,012 | 4% |
| Program service revenue | $40,396,955 | 91% |
| Other revenue | $2,452,343 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $43,319,122 | 78% |
| Management & general | $12,253,516 | 22% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 91% of total revenue in FY2025.
- Program services accounted for 78% of functional expenses, management & general 22%, and fundraising 0%.
- 78% of functional expenses went to program services in FY2025. That is higher than 25.7% of 74 Human Services organizations in NC.
- Net assets covered about 16.2 months of expenses at the end of the reporting year. That puts it in the 65th percentile among 1339 Human Services organizations in NC.
- Total revenue was higher than 98.8% of 1375 Human Services organizations in NC.
- Total revenue rose from $27,585,404 in FY2012 to $44,428,310 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2020, FY2024, FY2025).
- The highest revenue on record here is $52,031,584 in FY2023.
- Net assets grew from $25,950,595 to $75,167,815 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO PROVIDE QUALITY LIVING OPTIONS AND SERVICES TO NORTH CAROLINA'S OLDER ADULT POPULATION.
IRS status
| Ruling year | 1952 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | P750 — Human Services (in NC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Springmoor Inc — Raleigh, NC · $44,919,208
- Lower Cape Fear Hospice Incorporated — Wilmington, NC · $45,142,728
- Well-Spring Ret Community — Greensboro, NC · $42,978,331
- Presbyterian Home at Charlotte Inc — Charlotte, NC · $42,177,812
- The Accreditation Commission for Health Care Inc — Cary, NC · $47,211,328
- Moravian Home Incorporated — Winston Salem, NC · $41,505,884
- The Pines at Davidson Inc — Davidson, NC · $47,990,437
- Maryfield Inc — High Point, NC · $40,615,435
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.