Sarah A Reed Home is a 501(c)(3) organization based in Erie, Pennsylvania, registered in 1941, with $19,747,585 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$19.7M
▲ 2.7% vs prior year
Expenses (FY2023)
$19.4M
Net assets
$14.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Sarah A Reed Home— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Sarah A Reed Home: 9 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
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 Sarah A Reed Home— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Sarah A Reed Home: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $15.8M (FY2013) to $19.7M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$18.4M
Total liabilities
$4.2M
Net assets
$14.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $19,747,585▲2.7% | $19,363,792▼0.5% | $14,178,110▲4.0% | $18,367,798▲1.0% | 990 |
| 2022 | $19,234,275▼13.0% | $19,469,912▼0.1% | $13,629,540▲1.2% | $18,180,380▼1.5% | 990 |
| 2021 | $22,110,829▲15.2% | $19,482,199▲3.7% | $13,463,380▲16.1% | $18,451,038▲10.4% | 990 |
| 2020 | $19,190,049▼6.3% | $18,786,316▼7.7% | $11,593,912▲13.7% | $16,706,184▼1.7% | 990 |
| 2019 | $20,472,581▲3.3% | $20,364,445▼0.7% | $10,192,477▼0.2% | $16,999,108▲8.1% | 990 |
| 2018 | $19,813,965▲0.1% | $20,509,353▲6.4% | $10,217,291▼5.7% | $15,726,343▼2.8% | 990 |
| 2017 | $19,787,596▲6.1% | $19,269,170▲10.2% | $10,835,329▲6.5% | $16,178,721▲4.2% | 990 |
| 2016 | $18,651,740▲11.0% | $17,481,204▲6.3% | $10,171,607▲17.8% | $15,523,383▲8.1% | 990 |
| 2015 | $16,806,606▲0.1% | $16,444,119▲0.1% | $8,631,460▲2.8% | $14,358,943▲0.2% | 990 |
| 2014 | $16,785,381▲6.0% | $16,432,770▲1.5% | $8,395,587▲3.7% | $14,334,772▼3.2% | 990 |
| 2013 | $15,835,110 | $16,197,091▲7.4% | $8,097,081▼1.0% | $14,812,335▲10.7% | 990 |
| 2012 | — | $15,078,667▲2.0% | $8,178,192▲2.2% | $13,376,450▲20.5% | 990 |
| 2011 | — | $14,789,379▼0.3% | $8,001,175▲5.4% | $11,097,086▲14.0% | 990 |
| 2010 | — | $14,837,555▲2.3% | $7,591,754▲7.4% | $9,732,228▲19.7% | 990 |
| 2009 | — | $14,498,249 | $7,070,627 | $8,130,024 | 990 |
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.
22 grants to Sarah A Reed Home totaling $529K, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Data for Sarah A Reed Home (EIN 25-0965486) 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.