Is Fort Hudson Home Care Inc Legit?

Quick charity verification for Fort Hudson Home Care Inc (EIN: 208166870)

Verdict: Fort Hudson Home Care Inc appears trustworthy

85/100Mission Score
$8.1MRevenue
$1.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Fort Hudson Home Care Inc. demonstrates consistent financial operations, with revenues generally exceeding expenses across the past decade. For instance, in 2023, the organization reported revenues of $7,394,177 against expenses of $7,249,668, resulting in a surplus. This trend of positive net income indicates sound financial management and the ability to cover operational costs. The organization's assets have fluctuated, showing a significant decrease from $4,500,653 in 2022 to $942,353 in 2023, which warrants further investigation into the nature of this change. Liabilities have remained relatively low, suggesting a healthy balance sheet. The organization's NTEE code E92 (Home Health Care) suggests a focus on direct service delivery. The absence of reported officer compensation across all available filings is a notable aspect of its financial structure, indicating that executive leadership may be compensated through other means or that the organization operates with a volunteer executive board, which could contribute to higher program spending efficiency. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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