Abiding Hearts Home Care Inc
EIN: 811236316 · Birmingham, AL · NTEE: E92
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $122K |
| Net Assets | $40K |
Is Abiding Hearts Home Care Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Abiding Hearts Home Care Inc
Abiding Hearts Home Care Inc (EIN: 811236316) is a nonprofit organization based in Birmingham, AL, classified under NTEE code E92. The organization reported total revenue of $68K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abiding Hearts Home Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abiding Hearts Home Care Inc is a micro nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $122K |
| Surplus / Deficit | $-45,592 |
| Total Assets | $46K |
| Total Liabilities | $5K |
| Net Assets | $40K |
| Operating Margin | -59.5% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2022, Abiding Hearts Home Care Inc reported a deficit of $46K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 7 years of filings (2016–2022), Abiding Hearts Home Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -17.2% | +13.3% | -48.4% |
| 2021 | -14.6% | -11.4% | -14.9% |
| 2020 | -21.7% | -3.4% | -10.8% |
| 2019 | +3.6% | +25.8% | +10.8% |
| 2018 | +5.0% | +23.4% | +52.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abiding Hearts Home Care Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abiding Hearts Home Care Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.0%.
Frequently Asked Questions about Abiding Hearts Home Care Inc
Is Abiding Hearts Home Care Inc a legitimate charity?
Abiding Hearts Home Care Inc (EIN: 811236316) is a registered tax-exempt nonprofit based in Alabama. It has 7 years of IRS 990 filings on record. Total revenue: $68K. No red flags identified. Financial health grade: B.
How does Abiding Hearts Home Care Inc spend its money?
Abiding Hearts Home Care Inc reported $68K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Abiding Hearts Home Care Inc tax-deductible?
Abiding Hearts Home Care Inc is registered as a tax-exempt nonprofit (EIN: 811236316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abiding Hearts Home Care Inc located?
Abiding Hearts Home Care Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 811236316. It is classified under NTEE code E92.
How many years of IRS 990 filings does Abiding Hearts Home Care Inc have?
Abiding Hearts Home Care Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $68K in total revenue.
Filing History
IRS 990 filing history for Abiding Hearts Home Care Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Abiding Hearts Home Care Inc's revenue has grown by 93.6%, moving from $40K to $77K. Total assets increased by 62.1% over the same period, from $28K to $46K. Total functional expenses rose by 616.2%, from $17K to $122K. In its most recent filing year (2022), Abiding Hearts Home Care Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $5K in liabilities against $46K in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $40K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $77K | $122K | $46K | $5K | — | View 990 |
| 2021 | $93K | $108K | $88K | $3K | — | View 990 |
| 2020 | $108K | $122K | $104K | $3K | — | — |
| 2019 | $138K | $126K | $116K | $2K | — | View 990 |
| 2018 | $134K | $100K | $105K | $3K | — | View 990 |
| 2017 | $127K | $81K | $69K | $0 | — | — |
| 2016 | $40K | $17K | $28K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $77K, expenses of $122K, and assets of $46K (revenue -17.2% year-over-year).
- 2021: Revenue of $93K, expenses of $108K, and assets of $88K (revenue -14.6% year-over-year).
- 2020: Revenue of $108K, expenses of $122K, and assets of $104K (revenue -21.7% year-over-year).
- 2019: Revenue of $138K, expenses of $126K, and assets of $116K (revenue +3.6% year-over-year).
- 2018: Revenue of $134K, expenses of $100K, and assets of $105K (revenue +5.0% year-over-year).
- 2017: Revenue of $127K, expenses of $81K, and assets of $69K (revenue +221.8% year-over-year).
- 2016: Revenue of $40K, expenses of $17K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abiding Hearts Home Care Inc:
Data Sources and Methodology
This transparency report for Abiding Hearts Home Care Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.