Home Health Resources Inc
Analysis
Home Health Resources Inc is a registered charity in United States, based in Orange City, IA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Home Health Resources Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $880k to $1.2m (+34%), an average of +10% a year. Over the whole period it spent 93% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home Health Resources Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include Spectrum Health Care ($1.2m), Memorylane Care Services ($1.2m) and Leflore County Youth Services Inc ($1.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. At year end it held assets of $1.1m against liabilities of $200k, net assets of $948k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.0%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Spectrum Health Care | Columbia | $1.2m |
| Memorylane Care Services | Toledo | $1.2m |
| Leflore County Youth Services Inc | Poteau | $1.2m |
| Satilla Health Foundation Inc | Waycross | $1.2m |