Hospital Clinic Home Center
Hospital Clinic Home Center shows significant revenue growth and no reported officer compensation, but past filings raise questions about asset reporting.
EIN: 112629532 · Brooklyn, NY · NTEE: A05 · Updated: 2026-03-28
Is Hospital Clinic Home Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hospital Clinic Home Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hospital Clinic Home Center
Hospital Clinic Home Center (EIN: 112629532) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A05. The organization reported total revenue of $2.4M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospital Clinic Home Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hospital Clinic Home Center is a mid-size nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $1.9M |
| Total Liabilities | $284K |
| Net Assets | $1.6M |
| Operating Margin | 39.1% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2023, Hospital Clinic Home Center reported a surplus of $1.8M with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Hospital Clinic Home Center's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.4% | +13.2% | +222.0% |
| 2022 | +5.0% | +3.5% | -40.8% |
| 2021 | +7.5% | +7.5% | +44.6% |
| 2020 | -2.6% | -2.6% | +44.6% |
| 2019 | +14.6% | +14.6% | +116.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Hospital Clinic Home Center with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hospital Clinic Home Center 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 $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries were paid, which is highly unusual for an organization with over $4.5 million in revenue and suggests either volunteer leadership or compensation is categorized differently.
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 Hospital Clinic Home Center's IRS 990 filings:
- Consistent reporting of Assets = Liabilities in multiple prior years (2014-2021) suggests potential reporting inconsistencies or lack of net assets.
- 0% officer compensation for an organization with over $4.5 million in revenue is highly unusual and may indicate miscategorization of compensation or reliance on unpaid leadership.
Strengths
The following positive indicators were identified for Hospital Clinic Home Center:
- Significant revenue growth in the latest filing period (202306) to $4,541,925, indicating strong financial momentum.
- No reported officer compensation across all filings, suggesting a strong commitment to directing funds towards the mission.
- Positive net assets of $1,621,401 in the 202306 period, demonstrating improved financial health and sustainability.
- Consistent operational history with 14 filings, showing long-term presence and activity.
Frequently Asked Questions about Hospital Clinic Home Center
Is Hospital Clinic Home Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Hospital Clinic Home Center (EIN: 112629532) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Hospital Clinic Home Center spend its money?
Hospital Clinic Home Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hospital Clinic Home Center tax-deductible?
Hospital Clinic Home Center is registered as a tax-exempt nonprofit (EIN: 112629532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Assets consistently equal Liabilities in filings from 2014 to 2021?
This pattern is unusual for an operating nonprofit and could indicate a reporting anomaly or a specific accounting practice that warrants further investigation to understand the organization's true financial position during those years.
How does Hospital Clinic Home Center manage to operate with 0% reported officer compensation?
While commendable for maximizing program spending, this raises questions about the leadership structure and whether key personnel are compensated through other means or are entirely volunteer-based, which is rare for an organization of this size.
What led to the significant increase in revenue and net assets in the 202306 period?
The jump in revenue from $2,476,633 in 202206 to $4,541,925 in 202306, alongside a substantial increase in net assets, suggests a successful year, possibly due to new grants, increased service demand, or effective fundraising efforts.
Filing History
IRS 990 filing history for Hospital Clinic Home Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Hospital Clinic Home Center's revenue has grown by 166.5%, moving from $1.7M to $4.5M. Total assets increased by 1378% over the same period, from $129K to $1.9M. Total functional expenses rose by 62.2%, from $1.7M to $2.8M. In its most recent filing year (2023), Hospital Clinic Home Center reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $284K in liabilities against $1.9M in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $2.8M | $1.9M | $284K | — | View 990 |
| 2022 | $2.5M | $2.4M | $592K | $774K | — | View 990 |
| 2021 | $2.4M | $2.4M | $999K | $999K | — | View 990 |
| 2020 | $2.2M | $2.2M | $691K | $691K | — | View 990 |
| 2019 | $2.3M | $2.3M | $478K | $478K | — | View 990 |
| 2018 | $2.0M | $2.0M | $221K | $221K | — | View 990 |
| 2017 | $1.9M | $1.9M | $148K | $148K | — | View 990 |
| 2016 | $1.8M | $1.8M | $140K | $140K | — | View 990 |
| 2015 | $1.7M | $1.7M | $230K | $230K | — | View 990 |
| 2014 | $2.0M | $2.0M | $227K | $227K | — | View 990 |
| 2013 | $2.0M | $2.0M | $310K | $310K | — | View 990 |
| 2012 | $1.6M | $1.6M | $221K | $221K | — | View 990 |
| 2011 | $689K | $689K | $157K | $157K | — | View 990 |
| 2011 | $1.7M | $1.7M | $129K | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $2.8M, and assets of $1.9M (revenue +83.4% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.4M, and assets of $592K (revenue +5.0% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.4M, and assets of $999K (revenue +7.5% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $691K (revenue -2.6% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.3M, and assets of $478K (revenue +14.6% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.0M, and assets of $221K (revenue +2.1% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $148K (revenue +8.7% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $140K (revenue +3.8% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $230K (revenue -16.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.0M, and assets of $227K (revenue +2.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $310K (revenue +25.6% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.6M, and assets of $221K (revenue +131.3% year-over-year).
- 2011: Revenue of $689K, expenses of $689K, and assets of $157K (revenue -59.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $129K.
Data Sources and Methodology
This transparency report for Hospital Clinic Home Center 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.