Area Homecare & Family Services Inc

Analysis

Area Homecare & Family Services Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Area Homecare & Family Services Inc reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.7m to $1.5m (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area Homecare & Family Services Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NH. Charities of a similar size with the same main cause include The Human Choice of Iowa ($1.5m), Chipola Healthy Start Inc ($1.5m) and North Broward Christian School of Florida Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 12% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.3m against liabilities of $79k, net assets of $2.2m. It reported 67 employees.