Catholic Home Health Services of Broward Inc

Analysis

Catholic Home Health Services of Broward Inc is a registered charity in United States, based in Laud Lakes, FL. It received its IRS tax-exemption ruling in March 1946, 80 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 September 2023, Catholic Home Health Services of Broward Inc reported income of $2.1m and spending of $2.8m, spending 138% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Catholic Home Health Services of Broward Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Principle Foundation Extended Services ($2.1m), Kabuki Syndrome Foundation ($2.1m) and Help Committee and Boys & Girls Club of the Hi-Line ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $1.1m against liabilities of $4.1m, net assets of -$3.0m. It reported 85 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.