Hiram Licensed Home Care Company

Analysis

Hiram Licensed Home Care Company is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in April 2007, 19 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, Hiram Licensed Home Care Company reported income of $216k and spending of $256k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $706k to $216k (-69%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hiram Licensed Home Care Company sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Acupuncture Healing Arts Inc ($216k), Association for Size Diversity and Health ($216k) and Center Clinic-Incorporated ($216k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $178k. At year end it held assets of $20k against liabilities of $1.9m, net assets of -$1.9m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.