Home Aide Service Of Eastern New York

Home Aide Service Of Eastern New York consistently generates over $30M in revenue with zero reported officer compensation.

EIN: 141514867 · Troy, NY · NTEE: E910 · Updated: 2026-03-28

$17.8MRevenue
$29.5MAssets
90/100Mission Score (Excellent)
E910

Is Home Aide Service Of Eastern New York Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

Home Aide Service Of Eastern New York directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Home Aide Service Of Eastern New York

Home Aide Service Of Eastern New York (EIN: 141514867) is a nonprofit organization based in Troy, NY, classified under NTEE code E910. The organization reported total revenue of $17.8M and total assets of $29.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Aide Service Of Eastern New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Home Aide Service Of Eastern New York demonstrates consistent financial health with robust revenue streams and a strong asset base. Over the past decade, the organization has consistently generated significant revenue, averaging over $33 million annually, with expenses generally managed below revenue, leading to asset growth. For instance, in 2023, revenue was $34,050,215 against expenses of $32,919,541, contributing to an asset base of $28,523,041. The organization's liabilities have remained manageable relative to its assets, indicating good financial stewardship. Spending efficiency appears strong, particularly given the nature of home aide services which are typically labor-intensive. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense-to-revenue ratio suggests that the majority of funds are being utilized for the organization's mission. The consistent growth in assets from $9,314,894 in 2015 to $28,523,041 in 2023 further supports sound financial management. Transparency is a notable strength, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. The availability of 13 years of filing history also contributes to a high level of transparency, allowing for thorough financial analysis.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Home Aide Service Of Eastern New York with a Mission Score of 90 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, Home Aide Service Of Eastern New York 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership model or compensation structured in a way that is not categorized as officer compensation, which is highly favorable for donor perception.

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.

Strengths

The following positive indicators were identified for Home Aide Service Of Eastern New York:

Frequently Asked Questions about Home Aide Service Of Eastern New York

Is Home Aide Service Of Eastern New York a legitimate charity?

Based on AI analysis of IRS 990 filings, Home Aide Service Of Eastern New York (EIN: 141514867) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

How does Home Aide Service Of Eastern New York spend its money?

Home Aide Service Of Eastern New York directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Home Aide Service Of Eastern New York tax-deductible?

Home Aide Service Of Eastern New York is registered as a tax-exempt nonprofit (EIN: 141514867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Home Aide Service Of Eastern New York a good charity?

Based on the provided financial data, Home Aide Service Of Eastern New York appears to be a well-managed and financially healthy charity. It consistently generates substantial revenue, maintains a strong asset base, and notably reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.

How has the organization's financial health changed over time?

The organization has shown consistent financial growth and stability. Revenue has remained robust, generally above $30 million annually, and assets have significantly increased from $9,314,894 in 2015 to $28,523,041 in 2023, demonstrating strong financial management and accumulation of resources.

What is the trend in the organization's liabilities?

Liabilities have fluctuated but remained manageable relative to assets. For example, in 2023, liabilities were $5,959,764 against assets of $28,523,041, indicating a healthy balance sheet and low financial risk.

Filing History

IRS 990 filing history for Home Aide Service Of Eastern New York showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Home Aide Service Of Eastern New York's revenue has grown by 19.2%, moving from $28.6M to $34.1M. Total assets increased by 163.8% over the same period, from $10.8M to $28.5M. Total functional expenses rose by 14.6%, from $28.7M to $32.9M. In its most recent filing year (2023), Home Aide Service Of Eastern New York reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $6.0M in liabilities against $28.5M in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $22.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $34.1M $32.9M $28.5M $6.0M
2022 $34.8M $31.9M $24.9M $4.3M View 990
2021 $37.6M $32.2M $23.5M $4.9M View 990
2020 $35.5M $31.8M $18.8M $5.9M View 990
2019 $33.2M $32.2M $14.5M $6.1M View 990
2018 $34.6M $34.2M $11.6M $4.1M View 990
2017 $33.3M $31.7M $11.3M $3.0M View 990
2016 $30.9M $30.1M $10.0M $3.5M View 990
2015 $31.7M $31.5M $9.3M $2.9M View 990
2014 $33.6M $34.3M $11.2M $4.1M View 990
2013 $34.3M $34.5M $12.1M $3.8M View 990
2012 $35.0M $35.0M $12.0M $3.9M View 990
2011 $28.6M $28.7M $10.8M $2.7M View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Home Aide Service Of Eastern New York 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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