Presbyterian Homes Inc
5603 New Garden Village Dr, Greensboro, NC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $15,902,441 | $13,949,066 | $72,785,035 |
| FY2024 | $51,773,763 | $50,587,689 | $62,758,742 |
| FY2023 | $30,924,636 | $29,094,084 | $58,224,558 |
| FY2022 | $27,972,892 | $26,366,814 | $54,237,435 |
| FY2021 | $28,625,246 | $24,357,631 | $56,385,472 |
| FY2020 | $26,866,558 | $23,446,653 | $50,344,313 |
| FY2019 | $26,277,189 | $22,316,973 | $47,008,927 |
| FY2018 | $26,099,326 | $21,213,018 | $43,756,458 |
| FY2017 | $24,003,057 | $19,450,090 | $38,681,804 |
| FY2016 | $20,974,466 | $18,493,351 | $33,293,354 |
| FY2015 | $20,153,397 | $18,454,742 | $30,294,434 |
| FY2014 | $20,982,241 | $17,081,252 | $29,170,855 |
| FY2013 | $19,721,260 | $16,791,149 | $25,815,888 |
| FY2012 | $20,084,201 | $16,355,041 | $22,711,349 |
Form 990 filings
The returns filed by Presbyterian Homes Inc (EIN 56-1739542), 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 | $167,871 | 1% |
| Program service revenue | $14,141,763 | 89% |
| Other revenue | $1,592,807 | 10% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $11,431,062 | 82% |
| Management & general | $2,518,004 | 18% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 89% of total revenue in FY2025.
- Program services accounted for 82% of functional expenses, management & general 18%, and fundraising 0%.
- 82% of functional expenses went to program services in FY2025. That is higher than 36.5% of 74 Human Services organizations in NC.
- Net assets covered about 62.6 months of expenses at the end of the reporting year. That puts it in the 89th percentile among 1339 Human Services organizations in NC.
- Total revenue was higher than 95.6% of 1375 Human Services organizations in NC.
- Total revenue fell from $20,084,201 in FY2012 to $15,902,441 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- The highest revenue on record here is $51,773,763 in FY2024.
- Net assets grew from $22,711,349 to $72,785,035 between FY2012 and FY2025.
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
THE VISION OF GLENAIRE INC IS PROVIDING A COMMUNITY OF EXCELLENCE AND INNOVATION IN A STABLE AND COMPASSIONATE ENVIRONMENT.
IRS status
| Ruling year | 1991 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | P750 — Human Services (in NC) |
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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.
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