Dartmouth Health Home Care Inc

Analysis

Dartmouth Health Home Care Inc is a registered charity in United States, based in White River Junction, VT. It received its IRS tax-exemption ruling in October 1956, 70 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dartmouth Health Home Care Inc reported income of $15.0m and spending of $21.0m, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.8m to $15.0m (-39%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dartmouth Health Home Care Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VT. Charities of a similar size with the same main cause include Margaret Anna Cusack Care Center Inc ($15.0m), The Free Library of Philadelphia ($15.0m) and FSL Home Improvements ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $836k (4.0% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $28.0m against liabilities of $7.1m, net assets of $20.9m. It reported 205 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.