Old Ladies Home Association

Organization Overview

Old Ladies Home Association is located in Jackson, MS. The organization was established in 1948. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Ladies Home Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, Old Ladies Home Association generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $2.4m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Old Ladies Home Association has awarded 21 individual grants totaling $12,418,869. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FOR THE CARE OF THE ELDERLY, DESTITUTE AND DISABLED IN THE STATE OF MISSISSIPPI PRIMARILY THROUGH DIRECT FINANCIAL ASSISTANCE TO OTHER NON-PROFIT ORGANIZATIONS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $521,931
Interest on Savings $253,056
Dividends & Interest $295,020
Net Rental Income$0
Net Gain on Sale of Assets $1,414,004
Capital Gain Net Income $1,414,004
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$411,925
Total Revenue $2,072,086

Grants Awarded

Over the last fiscal year, Old Ladies Home Association has awarded $2,300,100 in support to 2 organizations.

Grant RecipientAmount

WILLARD F BOND HOME

PURPOSE: NURSING HOME

$2,250,100

METHODIST REHABILITATION CENTER

PURPOSE: MEDICAL REHABILITATION

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Old Ladies Home Association has recieved totaling $8,532.

Awarding OrganizationAmount
Mississippi United Methodist Foundation Inc

Ridgeland, MS

PURPOSE: FULFILL CHARITABLE INTENT OF ENDOWMENT

$8,532
View Grant Recipient Profile

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