Overview

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Est.

1955

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

AVE MARIA HOME INC is a senior assisted living nonprofit focused on long-term and rehabilitative care. For filing year 2025, it reports an operating budget of $17.9M and total revenue of $16.3M, with support from funders including MARY GALLOWAY HOME ($595.2K, 2024), SPEER CHARITABLE TRUST ($300K, 2024), and The Harry and Jeanette Weinberg Foundation ($250K, 2017).

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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.

Cause Areas

1
Senior assisted living
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Financials

2024
Revenues
$17.9M
Expenses
$20.3M
Net Income:
-$2.5M
Assets
$24.7M
Liabilities
$21.4M
Net Assets:
+$3.3M

Financial Trends

2024
Operating Budget
$20.3M
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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Top Funders

Funder
Total Funding
Funding Share
MARY GALLOWAY HOME
Memphis, TN, US
$595.2K
38%
SPEER CHARITABLE TRUST
Collierville, TN, US
$300K
6%
Logo for "The Harry and Jeanette Weinberg Foundation"
The Harry and Jeanette Weinberg Foundation
Owings Mills, MD, US
$250K
< 1%

Grants Received

2024
Total No. of Grants
6
Median grant size
$20.9K
Largest grant received
$250K

Board & Team

C
Craig Hofer
Board Member
P
Patrick Taylor
Board Member
J
John L Schifani
Board Member
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  • 15 funders
  • 53 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is AVE MARIA HOME INC’s budget?
In 2024, AVE MARIA HOME INC reported an annual operating budget of around $20.3 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 less than 5% of their total revenue in 2024.