Best Choice Home Health Care Inc

Analysis

Best Choice Home Health Care Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Best Choice Home Health Care Inc reported income of $27.4m and spending of $28.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $38.6m to $27.4m (-29%), an average of -8.2% a year. 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, Best Choice Home Health Care Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Pines Health Services ($27.4m), Recovery Network of Programs Inc ($27.5m) and Teton Valley Health Care Inc ($27.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $230k (0.8% of expenses). Other salaries and wages came to $21.0m. At year end it held assets of $14.2m against liabilities of $10.6m, net assets of $3.7m. It reported 926 employees.