Partners in Home Care Inc

Analysis

Partners in Home Care Inc is a registered charity in United States, based in Moorestown, NJ. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Partners in Home Care Inc reported income of $1.4m and spending of $2.1m, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $1.4m (-62%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partners in Home Care Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Hopes Promise ($1.4m), James Project International ($1.4m) and Imgn Communities Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 82% of the total. Other salaries and wages came to $816k. At year end it held assets of $215k against liabilities of $21.4m, net assets of -$21.2m. It reported 23 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.