Mission
GUIDED BY QUAKER VALUES, FRIENDS HOMES OFFERS A LIFE PLAN COMMUNITY THAT ENCOURAGES A SENSE OF WHOLENESS, WELLNESS, PURPOSE AND SECURITY AT A FAIR COST, SO THAT EACH RESIDENT MAY LIVE A FULFILLING LIFE.
Public Charity
FRIENDS HOMES INC
FRIENDS HOMES INC is a Public Charity headquartered in GREENSBORO, NC. Financial data from the 2025 filing: $50.1M revenue, $48.6M expenses, $212.5M total assets. 6 publicly reported grants to this organization, totaling roughly $98K, appear in IRS filings.
EIN: 560754599
GREENSBORO, NC
Supportive Housing for Older Adults
NTEE: P75
Latest filing: 2025
Total Revenue$50.1M
Total Expenses$48.6M
Total Assets$212.5M
Grant Records6
Funding Total$98K
Filing Years2020–2025
Where $100 goes at Friends Homes Inc
How Friends Homes Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$88
Programs
the work itself
$12
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $88 for programs
$88
There are 14 cottages, 28 townhomes, 350 apartments, 54 villa apartments, 100 assisted care beds and 109 nursing beds
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
UNRESTRICTED
$16,016
UNRESTRICTED
$16,683
UNRESTRICTED
$16,380
UNRESTRICTED
$18,321
GENERAL SUPPORT
$20,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
SECRETARY
Alice Carroll
TREASURER
Betty Turner
BOARD MEMBER
Bill Carroll
BOARD MEMBER
Dan Fisher
BOARD MEMBER
David Hobson
BOARD MEMBER
George Harris
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $50.1M | $48.6M | $212.5M |
| 2024 | $48.6M | $46.3M | $217.1M |
| 2023 | $41.3M | $42.8M | $204.4M |
| 2021 | $36.2M | $34.1M | $195.3M |
| 2020 | $34.6M | $32.6M | $128.1M |
Between 2020 and 2025, reported annual revenue grew from $34.6M to $50.1M (+45%), with total assets most recently reported at $212.5M.
Interactive year-over-year charts and full filing details available with membership.