Presbyterian Homes
Also known as Brightspire Inc. River Landing at Sandy Ridge Scotia Village Phi
Presbyterian Homes reported $77.0 million in revenue and $60.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $78.98 went to program services, $20.81 to management and general costs and $0.21 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.4% of the total. The highest compensation it reported for one person was $714,782 (PRESIDENT - CEO). 11 people received more than $100,000 in reportable compensation. Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025 (3 mo.).
Where $100 of spending went
The 3-month short period ending December 31, 2025 · Form 990, Part IX, line 25 · total expenses $60MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The 3-month short period ending December 31, 2025 · Form 990, Part VIII · total revenue $77MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.0% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.8% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 2.8% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 89.4% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $714,782 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.19% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 11 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 26.6 | 6.9 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 (3 mo.) · Form 990, Part III · the three largest programs by expenseThe Presbyterian Homes, inc. Dba brightspire provides residential assisted living and nursing care for approximately 889 senior adult residents. Services include housekeeping, food service, medical and other support services in a continuing care community
Highest reported compensation
FY2025 (3 mo.) · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT - CEO Officer, 40.00 hrs/week | $677,575 | $0 | $37,207 | $714,782 |
| PRESIDENT - CEO Officer, 40.00 hrs/week | $534,571 | $0 | $26,324 | $560,895 |
| EXECUTIVE VICE PRESIDENT-COO Key employee, 40.00 hrs/week | $466,386 | $0 | $32,443 | $498,829 |
| CFO Officer, 40.00 hrs/week | $410,135 | $0 | $15,138 | $425,273 |
| CFO Officer, 40.00 hrs/week | $390,061 | $0 | $29,147 | $419,208 |
| EXECUTIVE VICE PRESIDENT-DIRECTOR Key employee, 40.00 hrs/week | $282,888 | $0 | $31,461 | $314,349 |
| DIRECTOR OF FINANCE Highest compensated employee, 40.00 hrs/week | $276,038 | $0 | $34,226 | $310,264 |
| EXECUTIVE VICE PRESIDENT, MARKETING AND SALES Highest compensated employee, 40.00 hrs/week | $287,968 | $0 | $20,493 | $308,461 |
11 people received more than $100,000 in reportable compensation from Presbyterian Homes (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.4M (Part IX, line 5).
7 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 (3 mo.) · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,589
- Volunteers Part I, line 6117
Largest outside contractors
FY2025 (3 mo.) · Form 990, Part VII, Section B · businesses only| TRINITY REHAB LLC Therapy | $3,152,806 |
| J O F PAINTING LLC Construction | $715,703 |
| AVERY CONSTRUCTION & CONSULTING Construction | $361,011 |
| ID COLLABORATIVE ACQUISITION LLC Interior design | $332,094 |
Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Presbyterian Homes's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Presbyterian Homes, you can publish a response that is linked from this page.
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Of every $100 Presbyterian Homes spent in FY2025, $78.98 went to programs. The full breakdown, from its IRS Form 990:
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All human services charities · Largest charities in North Carolina
Questions people ask
How much of Presbyterian Homes's spending goes to programs?
In the fiscal year ending September 30, 2025, Presbyterian Homes reported that 79.0% of its $60.0 million in expenses went to program services, 20.8% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Presbyterian Homes pay its top executive?
The largest total compensation Presbyterian Homes reported for one person in the fiscal year ending September 30, 2025 was $714,782, for the role of PRESIDENT - CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Presbyterian Homes get its money?
Of $77.0 million in revenue in the fiscal year ending September 30, 2025, 2.8% came from contributions and grants and 89.4% from program service revenue (Form 990, Part VIII).
Is Presbyterian Homes a registered charity?
The IRS lists EIN 56-0564344 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025 (3 mo.): Form 990 for the 3-month short period ending December 31, 2025, object 202602679349300935 · read the filing
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202631529349300418 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532569349300108 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402289349301095 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302199349300640 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222279349301137 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202111169349300526 · read the filing
All filings for EIN 56-0564344: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.