Adventist Home Health Services Inc

Analysis

Adventist Home Health Services Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in April 1947, 79 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adventist Home Health Services Inc reported income of $23.7m and spending of $23.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $30.2m to $23.7m (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adventist Home Health Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include The Foundation of the University of North Carolina at Charlotte Inc ($23.7m), National Cowboy and Western Heritage Museum Inc ($23.7m) and Clark County Food Bank ($23.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $13.9m. At year end it held assets of $20.0m against liabilities of $4.8m, net assets of $15.2m.