Sarah A Reed Retirement Center
Only null% goes to programs Strong reserves
Sarah A Reed Retirement Center is a 501(c)(3) organization based in Erie, Pennsylvania, registered in 1988, with $19,933,880 in FY2024 revenue. CharityIndex grades it B.
227 W 22nd St, Erie, PA, 16502 EIN 25-1215527 Since 1988
Revenue (FY2024)
$19.9M
▲ 11.7% vs prior year
Human Services median: $293K
Expenses (FY2024)
$19.7M
Net assets
$28.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—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 Sarah A Reed Retirement Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +1% 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 Sarah A Reed Retirement Center: 17 mo reserves · +1% margin earns a A 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 Sarah A Reed Retirement Center— 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 Sarah A Reed Retirement Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 227 W 22nd St, Erie, PA, 16502
- City
- Erie
- State
- Pennsylvania
- Category
- Human Services
- Subcategory
- Residential Care
- Website
- …
Financial trends
Revenue grew from $14.2M (FY2013) to $19.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.6MNet assets $28.4M
Operating margin
1.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$38.0M
Total liabilities
$9.6M
Net assets
$28.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,933,880▲11.7% | $19,724,088▲9.8% | $28,411,995▲3.5% | $38,041,660▲1.9% | 990 |
| 2023 | $17,851,762▲8.1% | $17,957,011▲5.4% | $27,459,725▲3.6% | $37,331,731▲1.4% | 990 |
| 2022 | $16,511,967▼10.9% | $17,036,141▼0.6% | $26,497,607▲0.9% | $36,822,151▼1.2% | 990 |
| 2021 | $18,539,693▲20.3% | $17,140,751▲8.0% | $26,260,940▼1.9% | $37,271,205▼8.2% | 990 |
| 2020 | $15,416,870▼9.1% | $15,878,066▼1.9% | $26,773,054▲7.2% | $40,608,299▲0.7% | 990 |
| 2019 | $16,963,896▲5.1% | $16,184,879▲5.8% | $24,984,984▲0.7% | $40,333,769▲7.1% | 990 |
| 2018 | $16,147,207▲12.3% | $15,297,887▲0.8% | $24,814,796 | $37,651,315▼1.9% | 990 |
| 2017 | $14,377,206▼2.3% | $15,175,829▲7.1% | $24,804,170▼1.2% | $38,384,519▲5.5% | 990 |
| 2016 | $14,719,976▲0.1% | $14,170,893▲8.1% | $25,106,626▲5.1% | $36,398,463▲38.4% | 990 |
| 2015 | $14,701,971▲2.7% | $13,113,170▲0.5% | $23,890,479▲5.8% | $26,293,917▲10.1% | 990 |
| 2014 | $14,310,833▲0.7% | $13,046,660▲1.1% | $22,575,724▲4.2% | $23,878,783▼1.2% | 990 |
| 2013 | $14,210,317 | $12,907,692▲4.1% | $21,659,177▲8.7% | $24,164,490▲3.0% | 990 |
| 2012 | — | $12,404,132▲0.9% | $19,917,115▲6.1% | $23,461,587▲0.7% | 990 |
| 2011 | — | $12,292,767▲6.4% | $18,777,247▲2.0% | $23,289,388▼0.1% | 990 |
| 2010 | — | $11,553,202 | $18,406,634 | $23,323,873 | 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.
Grants received · $242K total
11 grants to Sarah A Reed Retirement Center totaling $242K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Erie Community Foundation | Various projects | 2024 | $11,100 |
| Erie Community Foundation | Various projects | 2023 | $14,630 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2022 | $100,000 |
| Erie Community Foundation | Various projects | 2022 | $9,102 |
| Erie Community Foundation | Various projects | 2021 | $10,290 |
| Erie Community Foundation | Various projects | 2020 | $49,557 |
| Erie Community Foundation | Various projects | 2019 | $5,401 |
| Erie Community Foundation | Various projects | 2018 | $7,952 |
| Erie Community Foundation | Various projects | 2017 | $9,837 |
| Erie Community Foundation | Various projects | 2016 | $16,478 |
| Erie Community Foundation | Various projects | 2015 | $7,910 |
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Frequently asked questions
- Is Sarah A Reed Retirement Center a legitimate nonprofit?
- Yes. Sarah A Reed Retirement Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-1215527, based in Erie, Pennsylvania. Donations are tax-deductible.
- What is Sarah A Reed Retirement Center's EIN?
- Sarah A Reed Retirement Center's Employer Identification Number (EIN) is 25-1215527.
- How much revenue does Sarah A Reed Retirement Center report?
- Sarah A Reed Retirement Center reported $19,933,880 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sarah A Reed Retirement Center have?
- CharityIndex grades Sarah A Reed Retirement Center B, based on financial health (reserves and operating margin).
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Data for Sarah A Reed Retirement Center (EIN 25-1215527) 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.