Home Health Care Professionals Inc

Analysis

Home Health Care Professionals Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in March 1981, 45 years ago. 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 June 2023, Home Health Care Professionals Inc reported income of $896k and spending of $1.2m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $896k (-60%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home Health Care Professionals Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Hope Ignites Colorado ($896k), Ma-Yi Filipino Theatre Ensemble Inc ($896k) and Virginia Beach Rescue Squad Foundation Inc ($895k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $191k (16% of expenses). Other salaries and wages came to $226k. At year end it held assets of $1.2m against liabilities of $37k, net assets of $1.2m. It reported 18 employees.