Hebrew Homes Health Network Inc

Analysis

Hebrew Homes Health Network Inc is a registered charity in United States, based in N Miami Beach, 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Hebrew Homes Health Network Inc reported income of $502k and spending of $1.8m, spending 356% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $94k to $502k (+432%), an average of +74% a year. The sharpest change came in the year to December 2021, when income rose by 284%. Over the whole period it spent 585% 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 Health Network Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Hope Springs Institute ($502k), Norton Rescue Squad Inc ($502k) and Faith in Serving Humanity Medical Incorporated ($502k).

Compensation of current officers, directors and key employees was $300k (17% of expenses). At year end it held assets of $23.2m against liabilities of $38.3m, net assets of -$15.1m. It reported 1 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.