North Carolina · Nonprofit
BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED
BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED (North Carolina) receives grants from 11 organizations whose IRS filings report $2,443,167 to it, the largest being Lettie Pate Whitehead Foundation Inc ($1,450,000). 8 of them have funded it in more than one year.
- Revenue FY2025
- $44M
- Funders on record
- 11
- Grants received
- $2.4M
- Net assets
- $75M
What Baptist Retirement Homes of North Carolina Incorporated does
Mission
Baptist retirement homes of north carolina, inc. Dba thrivemore is a church-related, not-for-profit organization committed to providing quality care and a meaningful way of life for residents and staff... (continued on schedule o)a place where residents and staff become an extension of family that recognizes the dignity and worth of each individual.
As stated on its FY2025 Form 990.
Program
Thrivemore is a not-for-profit corporation organized under the laws of the state of north carolina. It is exempt from income tax under internal revenue code section 501[c][3] and a public charity under section 509[a][2]. The board of trustees of thrivemore has fiduciary responsibility for the operation of thrivemore. The mission of thrivemore is to provide quality residential and health care living options and services to north carolina's older adult population. The provision of those services being offered to the poor elderly of the state as well as those older persons who do have the financial resources available to pay for the institutional services they need. (continued on schedule o)in addition to its program of benevolent funding to the poor elderly of the state, thrivemore also provides a special program designed to enhance the lifestyle of older adults with dementia related disorders like alzhemer's disease. Three such programs are operated by thrivemore. Thrivemore owns, maintains, and operates communities throughout north carolina. Its current communities include 361 independent living homes and apartments, 136 assisted living residences, and 101 skilled nursing care…
$43,319,122 spentof which $626,088 as grants$40,706,666 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $43,319,122.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $137M to $190M (+39%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 10% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.
4% of BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED’s revenue is contributions — about as donation-reliant as the typical peer (21% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 7 funders, grant income rose $4k → $514k.
5 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $14M from one payer (the payer shares this organization's board, largest Baptist Retirement Homes Foundation). These are real filings, and they are not money BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED raised.
From the IRS filings of BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED leans on a few funders — its largest provides 59% of grant income and the top three 94%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED.
Largest funder’s share by year: 2018 100% · 2019 51% · 2020 65% · 2021 66% · 2022 67% · 2023 61% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
67% of BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED's funders are still giving 3 years after their first grant; 73% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED draws 66% of its grant income from funders outside North Carolina, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $212k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED's funding base is broadening — from 1 funders to 7 as grant income climbed.
this organization peer median middle 50% of peers· 2,297 human services nonprofits $10M–$100M, FY2025
Organizations like BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Baptist Retirement Homes Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED?
- BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED (North Carolina) receives grants from 11 organizations whose IRS filings report $2,443,167 to it, the largest being Lettie Pate Whitehead Foundation Inc ($1,450,000). 8 of them have funded it in more than one year.
- How many funders does BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED have?
- IRS filings report 11 organizations giving $2,443,167 in grants to BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED, 8 of which have funded it in more than one year.
- Who is the largest funder of BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED?
- Lettie Pate Whitehead Foundation Inc is the largest funder on record, with $1,450,000 in grants. The full list of funders is on this page.
- How can an organization like BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing