Eddy Licensed Home Care Agency

Analysis

Eddy Licensed Home Care Agency is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3).

In the financial year ending December 2023, Eddy Licensed Home Care Agency reported income of $122k and spending of $91k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $122k (-97%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 83%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eddy Licensed Home Care Agency sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Concourse Council Inc ($122k), PTA Texas Congress ($122k) and Rudiger Foundation ($122k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 73% of the total. Other salaries and wages came to $39k. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m. It reported 30 employees.