Homeplus Care

Analysis

Homeplus Care is a registered charity in United States, based in Upper Darby, PA. It received its IRS tax-exemption ruling in January 2016, 10 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, Homeplus Care reported income of $10.6m and spending of $9.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $10.6m (+333%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Homeplus Care sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Healthcare Information Xchange of New York Inc ($10.6m), Planned Parenthood of Southwestern Oregon ($10.6m) and Viecare Armstrong LLC ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $110k (1.1% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $4.3m against liabilities of $496k, net assets of $3.8m. It reported 314 employees.