The United Methodist Retirement Homes INC

Durham, North Carolina

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 200 peers in Philanthropy, Voluntarism & Grantmaking with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.28×
Peer Median8.04×
💰
$95.0M
Total Revenue
📊
$87.4M
Total Expenses
🏦
$111.8M
Net Assets
📋
$264.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.3%
Year-over-year change (2022 → 2023)
Net Margin
+8.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.28
Net assets divided by total expenses
Liabilities-to-Assets
70.3%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$95,013,5225%$87,405,3175%$375,932,8063%
2022$90,238,2376%$83,448,6746%$365,869,6264%
2021$85,120,9695%$78,617,85011%$351,992,4252%
2020$80,861,5217%$70,594,0914%$343,890,7823%
2019$75,684,82511%$67,708,8768%$332,312,9482%
2018$68,033,6191%$62,450,9198%$326,855,33948%
2016$67,314,7717%$57,627,2991%$220,775,861
2015$62,772,0075%$57,945,0644%$221,258,8355%
2014$59,714,19733%$55,593,15733%$233,496,38345%
2013$44,898,7723%$41,806,7404%$161,342,7151%
2012$43,537,653$40,208,270$159,412,632

Frequently Asked Questions

What does The United Methodist Retirement Homes INC do?

The United Methodist Retirement Homes INC is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The United Methodist Retirement Homes INC financially healthy?

Based on our 9-metric Financial Health Score model, The United Methodist Retirement Homes INC has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The United Methodist Retirement Homes INC generate?

The United Methodist Retirement Homes INC reports $113.2M in annual revenue and holds $490.8M in total assets, based on IRS filings.

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