Twin Tier Home Health Inc

Analysis

Twin Tier Home Health Inc is a registered charity in United States, based in Johnson City, NY. It received its IRS tax-exemption ruling in June 1981, 45 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, Twin Tier Home Health Inc reported income of $8.2m and spending of $9.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $8.2m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Twin Tier Home Health Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Hattie Ide Chaffee Nursing Home Inc ($8.2m), Guardian Research Network Inc ($8.2m) and Calvary Fund Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $178k (2.0% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $4.9m against liabilities of $9.1m, net assets of -$4.2m. It reported 103 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.