Family Home Health Care Inc
Family Home Health Care Inc. maintains operational balance with fluctuating surpluses and deficits, reporting no officer compensation.
EIN: 133831377 · New York, NY · NTEE: E92Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.6M |
| Total Expenses | $21.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $-897,677 |
| Transparency Score | 70/100 |
Is Family Home Health Care 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 Health Care Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Home Health Care Inc
Family Home Health Care Inc (EIN: 133831377) is a nonprofit organization based in New York, NY, classified under NTEE code E92Z. The organization reported total revenue of $22.6M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Home Health Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Home Health Care Inc is a large nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.1M |
| Total Expenses | $21.6M |
| Surplus / Deficit | +$509K |
| Total Assets | $3.7M |
| Total Liabilities | $4.6M |
| Net Assets | $-897,677 |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 124.6% |
| Months of Reserves | 2.0 months |
Financial Health Grade: B
In 2023, Family Home Health Care Inc reported a surplus of $509K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 124.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Home Health Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.1% | +32.8% | +2.2% |
| 2022 | +9.7% | +0.1% | +39.3% |
| 2021 | -12.9% | -5.1% | -21.0% |
| 2020 | -13.3% | -10.9% | -43.2% |
| 2019 | +26.9% | +25.7% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Health Care Inc with a Mission Score of 70 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Family Home Health Care Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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 surplus of $509K, with revenue exceeding expenses.
- Debt-to-asset ratio: 124.6%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with annual revenues exceeding $20 million. This suggests that executive compensation may be categorized under other expense lines, or the organization relies on an atypical leadership structure, which impacts the clarity of financial transparency.
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 Health Care Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is atypical for an organization of this size and raises transparency concerns.
- Liabilities consistently exceeding assets in recent years (e.g., $4,554,170 liabilities vs. $3,656,493 assets in 2023), indicating potential solvency issues.
- Fluctuating financial performance with several years showing expenses exceeding revenue (e.g., 2022, 2021, 2020, 2018, 2017, 2016), suggesting inconsistent operational surpluses.
Strengths
The following positive indicators were identified for Family Home Health Care Inc:
- Significant revenue growth over the past decade, from $8,617,129 in 2014 to $22,102,706 in 2023, indicating expanding operations.
- Expenses generally align closely with revenue, suggesting efficient use of funds for its core mission.
- Consistent operation for over a decade with 13 filings, demonstrating organizational longevity and stability.
Frequently Asked Questions about Family Home Health Care Inc
Is Family Home Health Care Inc a legitimate charity?
Family Home Health Care Inc (EIN: 133831377) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $22.6M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Family Home Health Care Inc spend its money?
Family Home Health Care Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Family Home Health Care Inc tax-deductible?
Family Home Health Care Inc is registered as a tax-exempt nonprofit (EIN: 133831377). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Home Health Care Inc CEO make?
Family Home Health Care Inc's highest-compensated officer earns $20 annually. The organization reported $22.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Family Home Health Care Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Family Home Health Care 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 Family Home Health Care Inc located?
Family Home Health Care Inc is headquartered in New York, New York and files with the IRS under EIN 133831377. It is classified under NTEE code E92Z.
How many years of IRS 990 filings does Family Home Health Care Inc have?
Family Home Health Care 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 $22.6M in total revenue.
How is executive compensation handled if 0% is reported for officers?
The consistent reporting of 0% officer compensation suggests that executive salaries might be included in other expense categories, or the organization has a unique compensation structure not explicitly detailed in the officer compensation section of the 990.
What is the detailed breakdown of program versus administrative expenses?
Without a detailed functional expense statement, it's difficult to ascertain the precise allocation between program and administrative costs. However, given the nature of home health care, a significant portion is likely program-related.
Why do liabilities consistently exceed assets in recent years?
In 2023, liabilities were $4,554,170 while assets were $3,656,493. This trend of liabilities exceeding assets in several recent years (e.g., 2023, 2022, 2021) indicates a potentially concerning financial position regarding solvency and liquidity.
Filing History
IRS 990 filing history for Family Home Health Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Home Health Care Inc's revenue has grown by 330.9%, moving from $5.1M to $22.1M. Total assets increased by 170.7% over the same period, from $1.4M to $3.7M. Total functional expenses rose by 368%, from $4.6M to $21.6M. In its most recent filing year (2023), Family Home Health Care Inc reported a surplus of $509K, with revenue exceeding expenses. The organization holds $4.6M in liabilities against $3.7M in assets (debt-to-asset ratio: 124.6%), resulting in net assets of $-897,677.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.1M | $21.6M | $3.7M | $4.6M | — | — |
| 2022 | $16.0M | $16.3M | $3.6M | $5.0M | — | View 990 |
| 2021 | $14.6M | $16.3M | $2.6M | $3.7M | — | View 990 |
| 2020 | $16.8M | $17.1M | $3.3M | $2.8M | — | View 990 |
| 2019 | $19.3M | $19.2M | $5.7M | $4.9M | — | View 990 |
| 2018 | $15.2M | $15.3M | $4.8M | $4.1M | — | View 990 |
| 2017 | $12.4M | $13.2M | $2.8M | $2.0M | — | View 990 |
| 2016 | $10.7M | $10.9M | $3.2M | $1.6M | — | View 990 |
| 2015 | $9.6M | $9.5M | $2.7M | $942K | — | View 990 |
| 2014 | $8.6M | $8.4M | $2.3M | $534K | — | View 990 |
| 2013 | $8.1M | $7.6M | $2.0M | $459K | — | View 990 |
| 2012 | $5.7M | $5.5M | $1.4M | $417K | — | View 990 |
| 2011 | $5.1M | $4.6M | $1.4M | $537K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.1M, expenses of $21.6M, and assets of $3.7M (revenue +38.1% year-over-year).
- 2022: Revenue of $16.0M, expenses of $16.3M, and assets of $3.6M (revenue +9.7% year-over-year).
- 2021: Revenue of $14.6M, expenses of $16.3M, and assets of $2.6M (revenue -12.9% year-over-year).
- 2020: Revenue of $16.8M, expenses of $17.1M, and assets of $3.3M (revenue -13.3% year-over-year).
- 2019: Revenue of $19.3M, expenses of $19.2M, and assets of $5.7M (revenue +26.9% year-over-year).
- 2018: Revenue of $15.2M, expenses of $15.3M, and assets of $4.8M (revenue +22.7% year-over-year).
- 2017: Revenue of $12.4M, expenses of $13.2M, and assets of $2.8M (revenue +16.0% year-over-year).
- 2016: Revenue of $10.7M, expenses of $10.9M, and assets of $3.2M (revenue +12.0% year-over-year).
- 2015: Revenue of $9.6M, expenses of $9.5M, and assets of $2.7M (revenue +10.9% year-over-year).
- 2014: Revenue of $8.6M, expenses of $8.4M, and assets of $2.3M (revenue +6.1% year-over-year).
- 2013: Revenue of $8.1M, expenses of $7.6M, and assets of $2.0M (revenue +42.1% year-over-year).
- 2012: Revenue of $5.7M, expenses of $5.5M, and assets of $1.4M (revenue +11.4% year-over-year).
- 2011: Revenue of $5.1M, expenses of $4.6M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Home Health Care Inc:
Data Sources and Methodology
This transparency report for Family Home Health 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.