Home & Health Care Services

Analysis

Home & Health Care Services is a registered charity in United States, based in Hornell, NY. It received its IRS tax-exemption ruling in April 1973, 53 years ago. 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 & Health Care Services reported income of $2.1m and spending of $1.6m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home & Health Care Services sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Young Mens Christian Association Barry County ($2.1m), Prevent Child Abuse North Dakota ($2.1m) and Montana School Services Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $98k (6.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $987k against liabilities of $73k, net assets of $913k. It reported 93 employees.