Loving Care Personal Care Home

Analysis

Loving Care Personal Care Home is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1995, 31 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 2023, Loving Care Personal Care Home reported income of $297k and spending of $474k, spending 160% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $777k to $297k (-62%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Loving Care Personal Care Home sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Marce of North America ($297k), Care Access Silicon Valley ($297k) and Region II Emergency Medical Services Incorporated ($297k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $49k (10% of expenses). Other salaries and wages came to $113k. At year end it held assets of $776k against liabilities of $318k, net assets of $458k. It reported 12 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.