Home Aide Service of Eastern New York

Analysis

Home Aide Service of Eastern New York is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in March 1946, 80 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Home Aide Service of Eastern New York reported income of $34.1m and spending of $32.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.2m to $34.1m (+2.5%), an average of +0.6% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home Aide Service of Eastern New York sits at the 91st percentile: it is larger than about 91% 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 Taylor Regional Hospital ($34.0m), Brownsville Community Development Corporation ($34.1m) and Licr Fund Inc ($34.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $313k (1.0% of expenses). Other salaries and wages came to $22.6m. At year end it held assets of $28.5m against liabilities of $6.0m, net assets of $22.6m. It reported 427 employees.