Independent Home Care

Analysis

Independent Home Care is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in June 2010, 16 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, Independent Home Care reported income of $17.6m and spending of $16.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.2m to $17.6m (+16%), an average of +3.8% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Independent Home Care sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Northeastern Center Inc ($17.6m), Kittson Memorial Hospital Association ($17.6m) and Bridges Healthcare Inc ($17.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Other salaries and wages came to $13.1m. At year end it held assets of $15.2m against liabilities of $5.3m, net assets of $9.9m. It reported 653 employees.