Enhabit Cares

Analysis

Enhabit Cares is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Enhabit Cares reported income of $702k and spending of $1.0m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $702k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Enhabit Cares sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Yale Entertainment & Sports Inc ($701k), H G Clay Foundation ($702k) and Rainbow Hospice Foundation Inc ($700k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $352k against liabilities of $3,132, net assets of $349k.