Home Care Associates Inc

Analysis

Home Care Associates Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Home Care Associates Inc reported income of $8.4m and spending of $8.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $8.4m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home Care Associates Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Children of the Nations ($8.4m), Food for Others Inc ($8.4m) and Arlington Food Assistance Center ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.2m against liabilities of $2.2m, net assets of -$5,992. It reported 10 employees.