Home & Health Care Services
Home & Health Care Services shows strong revenue growth and financial surpluses in recent years with no reported officer compensation.
EIN: 160771756 · Hornell, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $913K |
| Transparency Score | 88/100 |
Is Home & Health Care Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Home & Health Care Services directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Home & Health Care Services
Home & Health Care Services (EIN: 160771756) is a nonprofit organization based in Hornell, NY. The organization reported total revenue of $1.9M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home & Health Care Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home & Health Care Services is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$495K |
| Total Assets | $987K |
| Total Liabilities | $73K |
| Net Assets | $913K |
| Operating Margin | 23.8% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Home & Health Care Services reported a surplus of $495K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Home & Health Care Services's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.4% | +25.3% | +91.2% |
| 2022 | -12.1% | -2.1% | -23.1% |
| 2021 | -15.3% | -6.2% | -18.4% |
| 2020 | +11.9% | +9.4% | +21.2% |
| 2019 | -0.3% | +3.1% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Home & Health Care Services with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Home & Health Care Services 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 surplus of $495K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with revenues exceeding $2 million.
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 Home & Health Care Services's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate conservative financial practices or a lack of significant debt, but also warrants a deeper look into funding sources and operational needs.
- No reported officer compensation, which is highly unusual for an organization with over $2 million in revenue and could indicate a unique operational structure or compensation reporting method that requires clarification.
Strengths
The following positive indicators were identified for Home & Health Care Services:
- Strong revenue growth, particularly a near doubling from $1,075,823 in 2022 to $2,080,242 in 2023.
- Consistent financial surpluses, with revenue generally exceeding expenses, leading to asset growth.
- Healthy asset-to-liability ratio, indicating strong financial stability and low debt.
- Consistent IRS 990 filings over 13 periods, demonstrating good transparency and accountability.
- No reported officer compensation, suggesting a potentially high proportion of funds directed towards mission-related activities.
Frequently Asked Questions about Home & Health Care Services
Is Home & Health Care Services a legitimate charity?
Home & Health Care Services (EIN: 160771756) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Home & Health Care Services spend its money?
Home & Health Care Services directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Home & Health Care Services tax-deductible?
Home & Health Care Services is registered as a tax-exempt nonprofit (EIN: 160771756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Home & Health Care Services CEO make?
Home & Health Care Services's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Home & Health Care Services's spending goes to programs?
Home & Health Care Services directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Home & Health Care Services located?
Home & Health Care Services is headquartered in Hornell, New York and files with the IRS under EIN 160771756.
How many years of IRS 990 filings does Home & Health Care Services have?
Home & Health Care Services 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 $1.9M in total revenue.
How does Home & Health Care Services manage to operate without reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key management is structured in a way that does not fall under the 'officer compensation' category on the IRS Form 990. Further investigation into their specific operational model would be needed to understand this fully.
What caused the significant revenue increase from $1,075,823 in 2022 to $2,080,242 in 2023?
The provided data does not specify the exact reasons for this substantial increase. It could be due to new grants, expanded services, increased demand, or successful fundraising initiatives. A detailed review of the full 990 forms for those years would likely provide more insight.
What are the specific program activities funded by Home & Health Care Services?
The provided summary data does not detail the specific program activities. To understand the nature of their services, one would need to consult the full IRS Form 990, specifically Schedule O and Part III, Statement of Program Service Accomplishments.
Filing History
IRS 990 filing history for Home & Health Care Services showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Home & Health Care Services's revenue has grown by 130.8%, moving from $901K to $2.1M. Total assets increased by 151% over the same period, from $393K to $987K. Total functional expenses rose by 79.5%, from $883K to $1.6M. In its most recent filing year (2023), Home & Health Care Services reported a surplus of $495K, with revenue exceeding expenses. The organization holds $73K in liabilities against $987K in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $913K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.6M | $987K | $73K | — | View 990 |
| 2022 | $1.1M | $1.3M | $516K | $97K | — | — |
| 2021 | $1.2M | $1.3M | $671K | $63K | — | View 990 |
| 2020 | $1.4M | $1.4M | $822K | $145K | — | — |
| 2019 | $1.3M | $1.3M | $679K | $66K | — | View 990 |
| 2018 | $1.3M | $1.2M | $647K | $65K | — | View 990 |
| 2017 | $1.2M | $1.1M | $559K | $50K | — | View 990 |
| 2016 | $1.1M | $1.1M | $505K | $48K | — | View 990 |
| 2015 | $1.0M | $1.0M | $467K | $43K | — | View 990 |
| 2014 | $991K | $984K | $482K | $61K | — | View 990 |
| 2013 | $1.0M | $984K | $471K | $57K | — | View 990 |
| 2012 | $981K | $936K | $425K | $47K | — | View 990 |
| 2011 | $901K | $883K | $393K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.6M, and assets of $987K (revenue +93.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.3M, and assets of $516K (revenue -12.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.3M, and assets of $671K (revenue -15.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $822K (revenue +11.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $679K (revenue -0.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $647K (revenue +11.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $559K (revenue +5.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $505K (revenue +7.9% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $467K (revenue +3.3% year-over-year).
- 2014: Revenue of $991K, expenses of $984K, and assets of $482K (revenue -2.9% year-over-year).
- 2013: Revenue of $1.0M, expenses of $984K, and assets of $471K (revenue +4.0% year-over-year).
- 2012: Revenue of $981K, expenses of $936K, and assets of $425K (revenue +8.9% year-over-year).
- 2011: Revenue of $901K, expenses of $883K, and assets of $393K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home & Health Care Services:
Data Sources and Methodology
This transparency report for Home & Health Care Services 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.