Logo for "AVE MARIA HOME INC"

AVE MARIA HOME INC

AVE MARIA HOME INC

Memphis, TN, US
501(c)3
EIN
62-0561701
Logo for "AVE MARIA HOME INC"

AVE MARIA HOME INC

Memphis, TN, US
501(c)3
EIN
62-0561701

Overview

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Est.

1955

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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AVE MARIA HOME INC is a nonprofit organization dedicated to providing senior assisted living services, with a mission focused on improving the moral, social, and spiritual conditions of the aged, sick, and destitute. Operating with a budget of $22 million and generating total revenue of $23.1 million in 2023, the organization emphasizes stewardship of resources in collaboration with the Catholic community and is committed to long-term and rehabilitative care. Notably, AVE MARIA HOME does not rely on any single funder for 50% or more of its revenue. For more information, visit their website at www.avemariahome.org.

Mission Statement

TO ASSIST THE AGED, SICK, AND DESTITUTE THROUGH: IMPROVING THE MORAL, SOCIAL, AND SPIRITUAL CONDITIONS OF ITS BENEFICIARIES; CONTINUING THE STEWARDSHIP OF HUMAN, PHYSICAL, AND FINANCIAL RESOURCES IN CONJUNCTION WITH THE CATHOLIC COMMUNITY; FACILITATING VISITATION BY FAMILY, FRIENDS, AND MEMBERS OF THE COMMUNITY; AND PROVIDING A COMMITMENT TO LONG-TERM AND REHABILITATIVE CARE.
Revenues

$23.1M

Expenses

$22M

Net Income:
+$1.1M
Assets

$26.5M

Liabilities

$20.7M

Net Assets:
+$5.8M
Operating Budget

$22M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

6

Median grant size
$20.9K
Largest grant received
$250K
M
Michael Robilio
Board Member
F
Ford Canale
Board Member
L
Libby Buring
Board Member

Frequently Asked Questions

What is AVE MARIA HOME INC’s budget?
In 2023, AVE MARIA HOME INC reported an annual operating budget of around $22 million. More detailed financial information is available to registered users.
What causes does AVE MARIA HOME INC support?
AVE MARIA HOME INC supports work in Senior assisted living.
Where does AVE MARIA HOME INC operate?
AVE MARIA HOME INC is headquartered in Memphis, TN.
Who funded AVE MARIA HOME INC recently?
In 2025, AVE MARIA HOME INC received grants from COMMUNITY FOUNDATION OF GREATER MEMPHIS INC, SPEER CHARITABLE TRUST, and MARY GALLOWAY HOME. More information on this organization’s funders is available to registered users.
What is the largest grant AVE MARIA HOME INC received in 2024?
The largest grant to AVE MARIA HOME INC in 2024 exceeds $250 thousand.
What is AVE MARIA HOME INC’s reliance on government grants?
AVE MARIA HOME INC relied on government grants for more than 15% of their total revenue in 2023.
Overview
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