Innovative Home Care Foundation

Analysis

Innovative Home Care Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2021, 5 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 2023, Innovative Home Care Foundation reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.1m to $1.2m (+6.7%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income rose by 209%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Innovative Home Care Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include Sos Recovery Community Organization Inc ($1.2m), Bay Pines Foundation Inc ($1.2m) and Morgan Pressel Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $147k against liabilities of $129k, net assets of $18k. It reported 41 employees.