Quick charity verification for Home & Health Care Services (EIN: 160771756)
Verdict: Home & Health Care Services appears trustworthy
88/100Mission Score
$1.9MRevenue
$1.0MAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets, which could indicate conservative financial practices or a lack of significant debt, but also warrants a deeper look into funding sources and operational needs.
No reported officer compensation, which is highly unusual for an organization with over $2 million in revenue and could indicate a unique operational structure or compensation reporting method that requires clarification.
Strengths
Strong revenue growth, particularly a near doubling from $1,075,823 in 2022 to $2,080,242 in 2023.
Consistent financial surpluses, with revenue generally exceeding expenses, leading to asset growth.
Healthy asset-to-liability ratio, indicating strong financial stability and low debt.
Consistent IRS 990 filings over 13 periods, demonstrating good transparency and accountability.
No reported officer compensation, suggesting a potentially high proportion of funds directed towards mission-related activities.
Spending Breakdown
How Home & Health Care Services allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Home & Health Care Services
Is Home & Health Care Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Home & Health Care Services (EIN: 160771756) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
Is Home & Health Care Services a good charity to donate to?
Home & Health Care Services has a Mission Score of 88/100. Revenue: $1.9M. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Home & Health Care Services?
The Employer Identification Number (EIN) for Home & Health Care Services is 160771756. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Home & Health Care Services spend its money?
Home & Health Care Services allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Home & Health Care Services's tax-exempt status?
You can verify Home & Health Care Services's tax-exempt status using EIN 160771756 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Home & Health Care Services demonstrates a generally stable financial position with consistent revenue generation over the past decade. The organization's revenue has shown growth, peaking at $2,080,242 in 2023, a significant increase from $1,075,823 in 2022. This growth in revenue, coupled with expenses that are generally lower than revenue, indicates sound financial management and an ability to build reserves, as evidenced by the increase in assets to $986,756 in 2023. The organization's liabilities are consistently low relative to its assets, suggesting a healthy balance sheet.
Spending efficiency appears strong, particularly in 2023 where expenses ($1,585,602) were significantly less than revenue ($2,080,242), resulting in a substantial surplus. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests that the organization is managing its resources effectively. The consistent reporting of 0% officer compensation also points to a lean operational structure, potentially allowing more funds to be directed towards its mission.
Transparency is good given the consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The absence of reported officer compensation is a notable aspect of its financial structure, indicating that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence.