Professional Home Health Care Agency Inc

Analysis

Professional Home Health Care Agency Inc is a registered charity in United States, based in London, KY. It received its IRS tax-exemption ruling in November 1977, 49 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 March 2023, Professional Home Health Care Agency Inc reported income of $4.9m and spending of $5.7m, spending 117% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $8.4m to $4.9m (-42%), an average of -13% a year. The sharpest change came in the year to March 2023, when income dropped by 29%. 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, Professional Home Health Care Agency Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Montefiore Cerc Operations Inc ($4.9m), Lyon-Martin Community Health Services ($4.9m) and Sunrise Community of Southwest Florida Inc ($4.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $115k (2.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.8m against liabilities of $4.1m, net assets of $1.7m. It reported 51 employees.