Northeast Ohio Home Care

Analysis

Northeast Ohio Home Care is a registered charity in United States, based in Olmsted Falls, OH. It received its IRS tax-exemption ruling in February 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northeast Ohio Home Care reported income of $2.3m and spending of $2.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.8m to $2.3m (-61%), an average of -21% a year. The sharpest change came in the year to June 2020, when income dropped by 80%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast Ohio Home Care sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Citizen University ($2.3m), Little Lamb Community School ($2.3m) and Older Americans Housing Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $794k. At year end it held assets of $667k against liabilities of $237k, net assets of $430k. It reported 11 employees.