Abiding Hearts Home Care Inc

Analysis

Abiding Hearts Home Care Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Abiding Hearts Home Care Inc reported income of $77k and spending of $122k, spending 160% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $138k to $77k (-45%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Abiding Hearts Home Care Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within AL. Charities of a similar size with the same main cause include Arc of North Central Virginia Inc ($77k), Fundacion Puertorriquena de Enfermedades Reumaticas Inc ($77k) and Animum Irae Militum ($77k).

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 $60k (49% of expenses). At year end it held assets of $46k against liabilities of $5,457, net assets of $40k. It reported 2 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.