Family Home Care Services Of Brooklyn And Queens Inc
Family Home Care Services of Brooklyn and Queens Inc faces significant financial contraction with revenue down 65% over a decade and recurring operating deficits.
EIN: 112522225 · Brooklyn, NY · NTEE: E900 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.3M |
| Total Expenses | $24.4M |
| Program Spending | 85% |
| Net Assets | $486K |
| Transparency Score | 60/100 |
Is Family Home Care Services Of Brooklyn And Queens Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Home Care Services Of Brooklyn And Queens Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Home Care Services Of Brooklyn And Queens Inc
Family Home Care Services Of Brooklyn And Queens Inc (EIN: 112522225) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E900. The organization reported total revenue of $23.3M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Home Care Services Of Brooklyn And Queens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Home Care Services Of Brooklyn And Queens Inc is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.3M |
| Total Expenses | $24.4M |
| Surplus / Deficit | $-2,065,973 |
| Total Assets | $5.2M |
| Total Liabilities | $4.7M |
| Net Assets | $486K |
| Operating Margin | -9.3% |
| Debt-to-Asset Ratio | 90.6% |
| Months of Reserves | 2.6 months |
Financial Health Grade: D
In 2023, Family Home Care Services Of Brooklyn And Queens Inc reported a deficit of $2.1M with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 90.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Home Care Services Of Brooklyn And Queens Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.1% | -14.6% | -42.9% |
| 2022 | -5.9% | -12.4% | +5.9% |
| 2021 | -9.9% | -12.9% | -1.2% |
| 2020 | -9.5% | -3.6% | -28.4% |
| 2019 | +6.4% | +8.2% | -22.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Family Home Care Services Of Brooklyn And Queens Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Family Home Care Services Of Brooklyn And Queens 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:
- The organization reported a deficit of $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.6%.
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 and revenue, and suggests resources are not being diverted to high executive salaries.
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 Family Home Care Services Of Brooklyn And Queens Inc's IRS 990 filings:
- Significant and sustained decline in revenue (65% decrease from 2014 to 2023).
- Consistent operating deficits in recent years (e.g., $2.06 million in 2023, $519,631 in 2021, $1.81 million in 2020).
- Substantial decrease in total assets over the past decade (from $35.3 million in 2014 to $5.2 million in 2023).
- High liabilities relative to assets in some periods (e.g., 2016 liabilities of $22.05 million against assets of $16.68 million).
Strengths
The following positive indicators were identified for Family Home Care Services Of Brooklyn And Queens Inc:
- Consistent reporting of 0% officer compensation, indicating resources are not used for executive salaries.
- Long history of IRS 990 filings (13 filings), demonstrating transparency in reporting.
- Maintains a positive asset base, albeit significantly reduced, suggesting some financial reserves.
Frequently Asked Questions about Family Home Care Services Of Brooklyn And Queens Inc
Is Family Home Care Services Of Brooklyn And Queens Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Home Care Services Of Brooklyn And Queens Inc (EIN: 112522225) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Family Home Care Services Of Brooklyn And Queens Inc spend its money?
Family Home Care Services Of Brooklyn And Queens Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Home Care Services Of Brooklyn And Queens Inc tax-deductible?
Family Home Care Services Of Brooklyn And Queens Inc is registered as a tax-exempt nonprofit (EIN: 112522225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Home Care Services Of Brooklyn And Queens Inc's spending goes to programs?
Family Home Care Services Of Brooklyn And Queens Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Home Care Services Of Brooklyn And Queens Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Family Home Care Services Of Brooklyn And Queens Inc is above average for NTEE category E900 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Home Care Services Of Brooklyn And Queens Inc located?
Family Home Care Services Of Brooklyn And Queens Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112522225. It is classified under NTEE code E900.
How many years of IRS 990 filings does Family Home Care Services Of Brooklyn And Queens Inc have?
Family Home Care Services Of Brooklyn And Queens 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 $23.3M in total revenue.
Why has the organization's revenue decreased so dramatically from $64.6 million in 2014 to $22.3 million in 2023?
The IRS 990 data shows a consistent downward trend in revenue, but the filings themselves do not provide the specific reasons for this significant decline. Further investigation into funding sources and operational changes would be necessary.
How does the organization manage to operate with 0% officer compensation given its scale?
While the filings consistently report 0% officer compensation, it's possible that key leadership roles are filled by volunteers, or compensation is structured in a way that isn't reported as 'officer compensation' on the 990, or through related organizations. This requires further clarification.
What is the plan to address the recurring operating deficits, such as the $2.06 million deficit in 2023?
The organization has frequently spent more than it earned, leading to deficits. The filings do not detail specific strategies to return to financial solvency, which is a critical concern for long-term sustainability.
What caused the substantial decrease in assets from $35.3 million in 2014 to $5.2 million in 2023?
The significant reduction in assets, mirroring the revenue decline, suggests a substantial downsizing or liquidation of organizational resources. The 990 data alone does not specify the reasons for this asset reduction.
Filing History
IRS 990 filing history for Family Home Care Services Of Brooklyn And Queens Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Home Care Services Of Brooklyn And Queens Inc's revenue has declined by 60.4%, moving from $56.4M to $22.3M. Total assets decreased by 79.5% over the same period, from $25.3M to $5.2M. Total functional expenses fell by 56.7%, from $56.4M to $24.4M. In its most recent filing year (2023), Family Home Care Services Of Brooklyn And Queens Inc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $4.7M in liabilities against $5.2M in assets (debt-to-asset ratio: 90.6%), resulting in net assets of $486K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.3M | $24.4M | $5.2M | $4.7M | — | — |
| 2022 | $30.2M | $28.6M | $9.1M | $6.5M | — | View 990 |
| 2021 | $32.1M | $32.6M | $8.6M | $7.7M | — | View 990 |
| 2020 | $35.6M | $37.5M | $8.7M | $7.2M | — | View 990 |
| 2019 | $39.4M | $38.9M | $12.1M | $5.9M | — | View 990 |
| 2018 | $37.0M | $35.9M | $15.7M | $11.5M | — | View 990 |
| 2017 | $36.6M | $35.1M | $17.2M | $5.4M | — | View 990 |
| 2016 | $40.3M | $41.9M | $16.7M | $22.1M | — | View 990 |
| 2015 | $55.7M | $54.8M | $6.1M | $1.1M | — | View 990 |
| 2014 | $64.6M | $55.0M | $35.3M | $13.6M | — | View 990 |
| 2013 | $63.8M | $64.9M | $20.6M | $8.4M | — | View 990 |
| 2012 | $57.0M | $56.6M | $21.3M | $20.7M | — | View 990 |
| 2011 | $56.4M | $56.4M | $25.3M | $25.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.3M, expenses of $24.4M, and assets of $5.2M (revenue -26.1% year-over-year).
- 2022: Revenue of $30.2M, expenses of $28.6M, and assets of $9.1M (revenue -5.9% year-over-year).
- 2021: Revenue of $32.1M, expenses of $32.6M, and assets of $8.6M (revenue -9.9% year-over-year).
- 2020: Revenue of $35.6M, expenses of $37.5M, and assets of $8.7M (revenue -9.5% year-over-year).
- 2019: Revenue of $39.4M, expenses of $38.9M, and assets of $12.1M (revenue +6.4% year-over-year).
- 2018: Revenue of $37.0M, expenses of $35.9M, and assets of $15.7M (revenue +1.3% year-over-year).
- 2017: Revenue of $36.6M, expenses of $35.1M, and assets of $17.2M (revenue -9.3% year-over-year).
- 2016: Revenue of $40.3M, expenses of $41.9M, and assets of $16.7M (revenue -27.6% year-over-year).
- 2015: Revenue of $55.7M, expenses of $54.8M, and assets of $6.1M (revenue -13.8% year-over-year).
- 2014: Revenue of $64.6M, expenses of $55.0M, and assets of $35.3M (revenue +1.3% year-over-year).
- 2013: Revenue of $63.8M, expenses of $64.9M, and assets of $20.6M (revenue +11.9% year-over-year).
- 2012: Revenue of $57.0M, expenses of $56.6M, and assets of $21.3M (revenue +1.1% year-over-year).
- 2011: Revenue of $56.4M, expenses of $56.4M, and assets of $25.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Home Care Services Of Brooklyn And Queens Inc:
Data Sources and Methodology
This transparency report for Family Home Care Services Of Brooklyn And Queens 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.