Aroostook Home Health Services

Analysis

Aroostook Home Health Services is a registered charity in United States, based in Caribou, ME. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Aroostook Home Health Services reported income of $5.4m and spending of $5.2m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.2m to $5.4m (+27%), an average of +6.2% a year. The sharpest change came in the year to September 2022, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aroostook Home Health Services 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 92nd percentile, and in the 92nd percentile within ME. Charities of a similar size with the same main cause include Young Mens Christian Association ($5.4m), Allegheny Family Network ($5.4m) and Touch Health Inc ($5.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $80k (1.5% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $1.2m against liabilities of $311k, net assets of $887k. It reported 185 employees.