Heritage Care Inc

Analysis

Heritage Care Inc is a registered charity in United States, based in Hyattsville, MD. It received its IRS tax-exemption ruling in November 1996, 30 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 December 2023, Heritage Care Inc reported income of $1.4m and spending of $1.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.4m (-4.7%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heritage Care Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Uzazi Village ($1.4m), Wyandotte Pregnancy Clinic ($1.4m) and Tulsa Tough Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $254k (17% of expenses). Other salaries and wages came to $740k. At year end it held assets of $481k against liabilities of $326k, net assets of $154k. It reported 41 employees.