Research Institute for Home Care

Analysis

Research Institute for Home Care is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2009, 17 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 (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, Research Institute for Home Care reported income of $257k and spending of $377k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $486k to $257k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 34%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Research Institute for Home Care sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include Midcoast Recovery Coalition ($257k), Mental Health Grace Alliance ($257k) and Bluestem Communities Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (34% of expenses). At year end it held assets of $543k against liabilities of $40k, net assets of $504k. It reported 1 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.