Home Caring Services Inc
EIN: 420884420 · Burlington, IA
| Metric | Value |
|---|---|
| Total Expenses | $537K |
| Net Assets | $521K |
Is Home Caring Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Home Caring Services Inc
Home Caring Services Inc (EIN: 420884420) is a nonprofit organization based in Burlington, IA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Caring Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home Caring Services Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $524K |
| Total Expenses | $537K |
| Surplus / Deficit | $-12,790 |
| Total Assets | $580K |
| Total Liabilities | $59K |
| Net Assets | $521K |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 13.0 months |
Financial Health Grade: B
In 2015, Home Caring Services Inc reported a deficit of $13K with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 4 years of filings (2012–2015), Home Caring Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -11.3% | -15.5% | -2.7% |
| 2014 | -5.7% | -1.6% | -6.8% |
| 2013 | -3.9% | -3.0% | -3.4% |
AI Analysis Pending
AI enrichment for Home Caring Services Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Home Caring Services Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.1%.
Frequently Asked Questions about Home Caring Services Inc
Is Home Caring Services Inc a legitimate charity?
Home Caring Services Inc (EIN: 420884420) is a registered tax-exempt nonprofit based in Iowa. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Home Caring Services Inc spend its money?
Home Caring Services Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Home Caring Services Inc tax-deductible?
Home Caring Services Inc is registered as a tax-exempt nonprofit (EIN: 420884420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Home Caring Services Inc located?
Home Caring Services Inc is headquartered in Burlington, Iowa and files with the IRS under EIN 420884420.
How many years of IRS 990 filings does Home Caring Services Inc have?
Home Caring Services Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Home Caring Services Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Home Caring Services Inc's revenue has declined by 19.6%, moving from $652K to $524K. Total assets decreased by 12.4% over the same period, from $662K to $580K. Total functional expenses fell by 19.3%, from $665K to $537K. In its most recent filing year (2015), Home Caring Services Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $59K in liabilities against $580K in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $521K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $524K | $537K | $580K | $59K | — | View 990 |
| 2014 | $591K | $635K | $596K | $62K | — | View 990 |
| 2013 | $627K | $645K | $640K | $61K | — | View 990 |
| 2012 | $652K | $665K | $662K | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $524K, expenses of $537K, and assets of $580K (revenue -11.3% year-over-year).
- 2014: Revenue of $591K, expenses of $635K, and assets of $596K (revenue -5.7% year-over-year).
- 2013: Revenue of $627K, expenses of $645K, and assets of $640K (revenue -3.9% year-over-year).
- 2012: Revenue of $652K, expenses of $665K, and assets of $662K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home Caring Services Inc:
Data Sources and Methodology
This transparency report for Home Caring 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.