Home Care & Hospice Alliance Of Maine
Home Care & Hospice Alliance Of Maine consistently operates with zero reported officer compensation and growing assets.
EIN: 10356240 · Manchester, ME · Updated: 2026-03-28
Is Home Care & Hospice Alliance Of Maine Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Home Care & Hospice Alliance Of Maine directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Home Care & Hospice Alliance Of Maine
Home Care & Hospice Alliance Of Maine (EIN: 10356240) is a nonprofit organization based in Manchester, ME. The organization reported total revenue of $202K and total assets of $457K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Care & Hospice Alliance Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Home Care & Hospice Alliance Of Maine 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
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Home Care & Hospice Alliance Of Maine allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is highly favorable for resource allocation.
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 Care & Hospice Alliance Of Maine:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds.
- Strong and consistent growth in net assets, from $119,174 in 2015 to $471,722 in 2024.
- Robust IRS 990 filing history (14 filings), demonstrating strong transparency and compliance.
- Expenses generally kept below revenue in recent years, showing sound financial management.
- Stable revenue base over the past decade.
Frequently Asked Questions about Home Care & Hospice Alliance Of Maine
Is Home Care & Hospice Alliance Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Home Care & Hospice Alliance Of Maine (EIN: 10356240) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Home Care & Hospice Alliance Of Maine spend its money?
Home Care & Hospice Alliance Of Maine directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Home Care & Hospice Alliance Of Maine tax-deductible?
Home Care & Hospice Alliance Of Maine is registered as a tax-exempt nonprofit (EIN: 10356240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Home Care & Hospice Alliance Of Maine a good charity?
Based on the available data, the Home Care & Hospice Alliance Of Maine appears to be a well-managed charity. It consistently reports zero officer compensation, has a strong history of IRS 990 filings, and has shown consistent asset growth, indicating financial stability and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly, with assets growing from $119,174 in 2015 to $471,722 in 2024. While revenues have fluctuated, expenses have generally been managed effectively, leading to consistent net asset growth.
What is the trend in revenue and expenses?
Revenue has generally been stable, ranging from approximately $200,000 to $275,000 annually. Expenses have also been consistent, typically staying below revenue in recent years, such as $187,292 in expenses against $224,382 in revenue in 2024, indicating fiscal prudence.
Filing History
IRS 990 filing history for Home Care & Hospice Alliance Of Maine showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Home Care & Hospice Alliance Of Maine's revenue has declined by 16.8%, moving from $270K to $224K. Total assets increased by 282.2% over the same period, from $123K to $472K. Total functional expenses fell by 28%, from $260K to $187K. In its most recent filing year (2024), Home Care & Hospice Alliance Of Maine reported a surplus of $37K, with revenue exceeding expenses. The organization holds $132K in liabilities against $472K in assets (debt-to-asset ratio: 28.1%), resulting in net assets of $339K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $224K | $187K | $472K | $132K | — | — |
| 2023 | $244K | $196K | $315K | $26K | — | View 990 |
| 2022 | $232K | $181K | $251K | $5K | — | View 990 |
| 2021 | $245K | $191K | $299K | $84K | — | — |
| 2020 | $252K | $223K | $248K | $110K | — | View 990 |
| 2019 | $232K | $179K | $205K | $100K | — | View 990 |
| 2018 | $250K | $271K | $108K | $58K | — | View 990 |
| 2017 | $255K | $277K | $149K | $82K | — | View 990 |
| 2016 | $275K | $265K | $132K | $47K | — | View 990 |
| 2015 | $250K | $268K | $119K | $40K | — | View 990 |
| 2014 | $284K | $273K | $122K | $25K | — | View 990 |
| 2013 | $278K | $280K | $126K | $43K | — | View 990 |
| 2012 | $274K | $269K | $129K | $51K | — | View 990 |
| 2011 | $270K | $260K | $123K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $224K, expenses of $187K, and assets of $472K (revenue -8.2% year-over-year).
- 2023: Revenue of $244K, expenses of $196K, and assets of $315K (revenue +5.2% year-over-year).
- 2022: Revenue of $232K, expenses of $181K, and assets of $251K (revenue -5.0% year-over-year).
- 2021: Revenue of $245K, expenses of $191K, and assets of $299K (revenue -2.9% year-over-year).
- 2020: Revenue of $252K, expenses of $223K, and assets of $248K (revenue +8.5% year-over-year).
- 2019: Revenue of $232K, expenses of $179K, and assets of $205K (revenue -7.0% year-over-year).
- 2018: Revenue of $250K, expenses of $271K, and assets of $108K (revenue -2.2% year-over-year).
- 2017: Revenue of $255K, expenses of $277K, and assets of $149K (revenue -7.1% year-over-year).
- 2016: Revenue of $275K, expenses of $265K, and assets of $132K (revenue +10.2% year-over-year).
- 2015: Revenue of $250K, expenses of $268K, and assets of $119K (revenue -12.2% year-over-year).
- 2014: Revenue of $284K, expenses of $273K, and assets of $122K (revenue +2.3% year-over-year).
- 2013: Revenue of $278K, expenses of $280K, and assets of $126K (revenue +1.6% year-over-year).
- 2012: Revenue of $274K, expenses of $269K, and assets of $129K (revenue +1.6% year-over-year).
- 2011: Revenue of $270K, expenses of $260K, and assets of $123K.
Data Sources and Methodology
This transparency report for Home Care & Hospice Alliance Of Maine 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.