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Home Health Resources Inc

RegisteredEIN 42-1450604Orange City, IAHealth and saving lives
Income$1.2m2023-06
Spending$1.1msame year
Spent / received93%4-year average
Size in its cause66th pctHealth and saving lives
Exempt since1998Hospital or medical research
Employees0latest return

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

$0$296k$591k$887k$1.2m2020 Income: $880,1272020 Spending: $800,30420202021 Income: $911,9142021 Spending: $904,72120212022 Income: $1,029,8312022 Spending: $907,19620222023 Income: $1,182,1292023 Spending: $1,111,8172023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 1.0%
  • Other 0.7%

Similar-sized charities, same cause

CharityLocationIncome
Spectrum Health CareColumbia$1.2m
Memorylane Care ServicesToledo$1.2m
Leflore County Youth Services IncPoteau$1.2m
Satilla Health Foundation IncWaycross$1.2m