Hebrew Homes Captive Services Inc

Analysis

Hebrew Homes Captive Services Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2003, 23 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 2022, Hebrew Homes Captive Services Inc reported income of $400k and spending of $1.3m, spending 319% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.5m to $400k (-84%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hebrew Homes Captive Services Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include I Understand Love Heals ($400k), Vip Neurorehibilitation Center ($400k) and Albany Area Ems Inc ($400k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $250k (20% of expenses). At year end it held assets of $131k against liabilities of $2.3m, net assets of -$2.2m. It reported 2 employees.