Androscoggin Home Health Services Inc

Androscoggin Home Health Services Inc. experiences recent operating deficits despite significant revenue growth.

EIN: 10227184 · Lewiston, ME · NTEE: E92Z · Updated: 2026-03-28

$81.2MRevenue
$58.7MGross Revenue
$42.8MAssets
85/100Mission Score (Excellent)
E92Z
Androscoggin Home Health Services Inc Financial Summary
MetricValue
Total Revenue$81.2M
Total Expenses$59.5M
Program Spending85%
CEO/Top Officer Pay$50
Net Assets$33.2M
Transparency Score85/100

Is Androscoggin Home Health Services Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Androscoggin Home Health Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Androscoggin Home Health Services Inc

Androscoggin Home Health Services Inc (EIN: 10227184) is a nonprofit organization based in Lewiston, ME, classified under NTEE code E92Z. The organization reported total revenue of $81.2M and total assets of $42.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Androscoggin Home Health Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

50Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

Androscoggin Home Health Services Inc is a major nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$56.0M
Total Expenses$59.5M
Surplus / Deficit$-3,461,792
Total Assets$43.9M
Total Liabilities$10.6M
Net Assets$33.2M
Operating Margin-6.2%
Debt-to-Asset Ratio24.2%
Months of Reserves8.8 months

Financial Health Grade: B

In 2023, Androscoggin Home Health Services Inc reported a deficit of $3.5M with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 24.2% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Androscoggin Home Health Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+13.0%+2.0%-3.7%
2022-4.8%+24.6%-17.9%
2021+16.8%+9.5%+6.1%
2020+7.7%+9.7%+21.9%
2019+18.1%+9.9%+11.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1976

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Androscoggin Home Health Services Inc. demonstrates a generally stable financial position with significant revenue growth over the past decade, increasing from $32.7 million in 2014 to $56 million in 2023. However, the organization has reported operating deficits in its two most recent filings (2022 and 2023), with expenses exceeding revenue by $8.7 million and $3.4 million respectively. This trend warrants close monitoring to ensure long-term sustainability. The organization's asset base has grown substantially, indicating a strong capacity to deliver services, though liabilities have also seen an increase, particularly in 2023. Spending efficiency appears to be a strength, with a high proportion of expenses directed towards program services. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing resources to its mission rather than executive pay, which is a positive indicator of financial stewardship. The organization's transparency is commendable given the detailed financial data available through its IRS 990 filings, allowing for a clear understanding of its financial operations and resource allocation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Androscoggin Home Health Services Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Androscoggin Home Health Services Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$56.0MTotal Revenue
$59.5MTotal Expenses
$43.9MTotal Assets
$10.6MTotal Liabilities
$33.2MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with over $50 million in annual revenue and suggests a strong commitment to directing funds to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Androscoggin Home Health Services Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Androscoggin Home Health Services Inc:

Frequently Asked Questions about Androscoggin Home Health Services Inc

Is Androscoggin Home Health Services Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Androscoggin Home Health Services Inc (EIN: 10227184) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Androscoggin Home Health Services Inc spend its money?

Androscoggin Home Health Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Androscoggin Home Health Services Inc tax-deductible?

Androscoggin Home Health Services Inc is registered as a tax-exempt nonprofit (EIN: 10227184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Androscoggin Home Health Services Inc CEO make?

Androscoggin Home Health Services Inc's highest-compensated officer earns $50 annually. The organization reported $81.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Androscoggin Home Health Services Inc's spending goes to programs?

Androscoggin Home Health Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Androscoggin Home Health Services Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Androscoggin Home Health Services Inc is above average for NTEE category E92Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Androscoggin Home Health Services Inc located?

Androscoggin Home Health Services Inc is headquartered in Lewiston, Maine and files with the IRS under EIN 10227184. It is classified under NTEE code E92Z.

How many years of IRS 990 filings does Androscoggin Home Health Services Inc have?

Androscoggin Home Health Services Inc has 13 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 $81.2M in total revenue.

Is Androscoggin Home Health Services Inc. a good charity?

Based on the available data, Androscoggin Home Health Services Inc. appears to be a good charity. It demonstrates strong program spending, significant asset growth, and a remarkable commitment to not paying officer compensation. However, recent operating deficits in 2022 and 2023 warrant attention.

What caused the recent operating deficits in 2022 and 2023?

The IRS 990 data shows that in 2022, expenses ($58,324,005) exceeded revenue ($49,574,011) by $8,749,994, and in 2023, expenses ($59,501,524) exceeded revenue ($56,039,732) by $3,461,792. The specific causes are not detailed in the summary data but could be due to increased operational costs, expansion of services, or changes in reimbursement rates.

How has the organization's financial health changed over the past decade?

Over the past decade, Androscoggin Home Health Services Inc. has seen substantial growth in revenue, from $32.7 million in 2014 to $56 million in 2023. Assets have also increased significantly from $34.6 million to $43.8 million. While generally positive, the recent trend of operating deficits in 2022 and 2023 marks a shift from previous years where revenue often exceeded expenses.

Filing History

IRS 990 filing history for Androscoggin Home Health Services Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Androscoggin Home Health Services Inc's revenue has grown by 103.5%, moving from $27.5M to $56.0M. Total assets increased by 61.1% over the same period, from $27.2M to $43.9M. Total functional expenses rose by 132.1%, from $25.6M to $59.5M. In its most recent filing year (2023), Androscoggin Home Health Services Inc reported a deficit of $3.5M, with expenses exceeding revenue. The organization holds $10.6M in liabilities against $43.9M in assets (debt-to-asset ratio: 24.2%), resulting in net assets of $33.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $56.0M $59.5M $43.9M $10.6M View 990
2022 $49.6M $58.3M $45.6M $10.4M View 990
2021 $52.1M $46.8M $55.5M $9.0M
2020 $44.6M $42.7M $52.3M $10.2M View 990
2019 $41.4M $38.9M $42.9M $3.9M View 990
2018 $35.0M $35.4M $38.6M $4.2M View 990
2017 $34.2M $32.4M $38.3M $3.5M View 990
2016 $33.6M $33.0M $36.5M $3.6M View 990
2015 $33.1M $31.9M $36.2M $3.8M View 990
2014 $32.8M $29.9M $34.6M $3.5M View 990
2013 $30.1M $27.5M $32.2M $4.0M View 990
2012 $29.5M $27.1M $29.2M $3.6M View 990
2011 $27.5M $25.6M $27.2M $4.0M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Androscoggin Home Health Services Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Androscoggin Home Health Services 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.

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