Home Care Partners Inc

Analysis

Home Care Partners Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Home Care Partners Inc reported income of $14.2m and spending of $11.6m, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.4m to $14.2m (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2023, when income rose by 47%. 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 Care Partners Inc 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 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Association of Asian-Pacific Community Health Organizations ($14.2m), Community Health Net ($14.2m) and Brockton Visiting Nurse Association ($14.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $407k (3.5% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $8.2m against liabilities of $1.0m, net assets of $7.2m. It reported 179 employees.