Home Attendant Service of Hyde Park Inc

Analysis

Home Attendant Service of Hyde Park Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Home Attendant Service of Hyde Park Inc reported income of $10.5m and spending of $12.2m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $35.4m to $10.5m (-70%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 67%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home Attendant Service of Hyde Park Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Family Health Center Inc ($10.5m), Cumberland County Guidance Center Inc ($10.5m) and Gillette Childrens Hospital Foundation ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $330k (2.7% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $8.8m against liabilities of $4.8m, net assets of $4.0m. It reported 662 employees.