Princeton Homecare Services Llc
EIN: 814196648 · Orlando, FL
| Metric | Value |
|---|---|
| Total Revenue | $17.5M |
| Total Expenses | $22.9M |
| Net Assets | $10.7M |
Is Princeton Homecare Services Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Princeton Homecare Services Llc
Princeton Homecare Services Llc (EIN: 814196648) is a nonprofit organization based in Orlando, FL. The organization reported total revenue of $17.5M and total assets of $10.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Homecare Services Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Homecare Services Llc is a large nonprofit that has been operating for 79 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 149.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.7M |
| Total Expenses | $22.9M |
| Surplus / Deficit | $-6,186,907 |
| Total Assets | $13.9M |
| Total Liabilities | $3.2M |
| Net Assets | $10.7M |
| Operating Margin | -37.1% |
| Debt-to-Asset Ratio | 23.1% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Princeton Homecare Services Llc reported a deficit of $6.2M with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 23.1% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Princeton Homecare Services Llc's revenue has grown at a compound annual growth rate (CAGR) of 149.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +149.4% | +171.7% | -24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Princeton Homecare Services Llc 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 Princeton Homecare Services Llc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.1%.
Frequently Asked Questions about Princeton Homecare Services Llc
Is Princeton Homecare Services Llc a legitimate charity?
Princeton Homecare Services Llc (EIN: 814196648) is a registered tax-exempt nonprofit based in Florida. It has 2 years of IRS 990 filings on record. Total revenue: $17.5M. No red flags identified. Financial health grade: B.
How does Princeton Homecare Services Llc spend its money?
Princeton Homecare Services Llc reported $17.5M in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Princeton Homecare Services Llc tax-deductible?
Princeton Homecare Services Llc is registered as a tax-exempt nonprofit (EIN: 814196648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Princeton Homecare Services Llc located?
Princeton Homecare Services Llc is headquartered in Orlando, Florida and files with the IRS under EIN 814196648.
How many years of IRS 990 filings does Princeton Homecare Services Llc have?
Princeton Homecare Services Llc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $17.5M in total revenue.
Filing History
IRS 990 filing history for Princeton Homecare Services Llc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Princeton Homecare Services Llc's revenue has grown by 149.4%, moving from $6.7M to $16.7M. Total assets decreased by 24% over the same period, from $18.3M to $13.9M. Total functional expenses rose by 171.7%, from $8.4M to $22.9M. In its most recent filing year (2023), Princeton Homecare Services Llc reported a deficit of $6.2M, with expenses exceeding revenue. The organization holds $3.2M in liabilities against $13.9M in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.7M | $22.9M | $13.9M | $3.2M | — | — |
| 2022 | $6.7M | $8.4M | $18.3M | $1.9M | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Homecare Services Llc:
Data Sources and Methodology
This transparency report for Princeton Homecare Services Llc 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.