Butte Home Health Inc

Analysis

Butte Home Health Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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 September 2023, Butte Home Health Inc reported income of $13.8m and spending of $13.4m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.2m to $13.8m (+90%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Butte Home Health Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Lake Mead Christian Ministries ($13.8m), Minnesota Jewish Community Center ($13.8m) and Community Action Program of East Central Oregon ($13.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $273k (2.0% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $5.5m against liabilities of $1.7m, net assets of $3.7m. It reported 123 employees.