Home For the Aged-altenheim
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Home For the Aged-altenheim is a 501(c)(3) organization based in Wheeling, West Virginia, registered in 1942, with $894,125 in FY2024 revenue. CharityIndex grades it B.
1387 National Rd, Wheeling, WV, 26003 EIN 55-0371584 Since 1942
Revenue (FY2024)
$894K
▲ 83.0% vs prior year
Expenses (FY2024)
$671K
Net assets
$13.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Home For the Aged-altenheim— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating243 mo reserves · +25% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Home For the Aged-altenheim: 243 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Home For the Aged-altenheim— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Home For the Aged-altenheim: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1387 National Rd, Wheeling, WV, 26003
- City
- Wheeling
- State
- West Virginia
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $1.1M (FY2018) to $894K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $20KNet assets $13.6M
Operating margin
25.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.6M
Total liabilities
$20K
Net assets
$13.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $894,125▲83.0% | $670,933▼0.3% | $13,559,445▲1.7% | $13,579,050▲1.7% | 990PF |
| 2023 | $488,589▼19.8% | $673,132▼2.3% | $13,336,255▼1.4% | $13,355,527▼1.4% | 990PF |
| 2022 | $609,318▼68.3% | $688,708▼3.1% | $13,520,799▼0.6% | $13,539,960▼0.7% | 990PF |
| 2021 | $1,923,975▲219% | $710,620▼7.3% | $13,600,189▲9.8% | $13,629,431▼0.9% | 990PF |
| 2020 | $602,766▼27.7% | $766,985▼8.7% | $12,386,834▼1.3% | $13,750,065▼1.6% | 990PF |
| 2019 | $833,832▼25.3% | $839,708▼1.0% | $12,551,055 | $13,975,890▼3.6% | 990PF |
| 2018 | $1,116,647 | $848,252 | $12,556,928 | $14,501,122 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Home For the Aged-altenheim a legitimate nonprofit?
- Yes. Home For the Aged-altenheim is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-0371584, based in Wheeling, West Virginia. Donations are tax-deductible.
- What is Home For the Aged-altenheim's EIN?
- Home For the Aged-altenheim's Employer Identification Number (EIN) is 55-0371584.
- How much revenue does Home For the Aged-altenheim report?
- Home For the Aged-altenheim reported $894,125 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Home For the Aged-altenheim have?
- CharityIndex grades Home For the Aged-altenheim B, based on financial health (reserves and operating margin).
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Data for Home For the Aged-altenheim (EIN 55-0371584) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.