Professional Home Care Inc

Professional Home Care Inc maintains stable operations with no reported officer compensation, though recent years show fluctuating revenue-expense margins.

EIN: 161261977 · Johnson City, NY · NTEE: E99 · Updated: 2026-03-28

$8.3MRevenue
$8.3MGross Revenue
$6.9MAssets
85/100Mission Score (Excellent)
E99
Professional Home Care Inc Financial Summary
MetricValue
Total Revenue$8.3M
Total Expenses$7.5M
Program Spending90%
CEO/Top Officer Pay$8
Net Assets$6.1M
Transparency Score85/100

Is Professional Home Care Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Professional Home Care Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Professional Home Care Inc

Professional Home Care Inc (EIN: 161261977) is a nonprofit organization based in Johnson City, NY, classified under NTEE code E99. The organization reported total revenue of $8.3M and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Professional Home Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

27Years Operating
Mid-SizeSize Classification
12Years of Filings
MixedRevenue Trajectory

Professional Home Care Inc is a mid-size nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -3.3%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$6.5M
Total Expenses$7.5M
Surplus / Deficit$-980,221
Total Assets$7.3M
Total Liabilities$1.2M
Net Assets$6.1M
Operating Margin-15.0%
Debt-to-Asset Ratio16.3%
Months of Reserves11.6 months

Financial Health Grade: B

In 2022, Professional Home Care Inc reported a deficit of $980K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.3% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2022), Professional Home Care Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.

YearRevenue ChangeExpense ChangeAsset Change
2022-18.4%-2.2%-12.1%
2021-14.0%-4.1%-2.2%
2020+1.5%-5.7%+15.2%
2019+3.0%-0.7%+12.5%
2018-1.5%-1.8%+5.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1999

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Professional Home Care Inc demonstrates consistent financial activity, with revenues generally ranging between $8 million and $10 million over the past decade. The organization's expenses have closely tracked its revenues, indicating a relatively stable operational model. For example, in 2022, expenses were $7,506,670 against revenues of $6,526,449, showing a deficit for that year. However, in 2021, revenues of $7,999,984 exceeded expenses of $7,671,866. The organization's assets have remained robust, consistently above $5 million, suggesting a healthy balance sheet. The absence of reported officer compensation across all available filings is a notable aspect of its financial transparency, indicating that top leadership is not drawing a salary from the organization, which can be a positive sign for donor confidence regarding resource allocation directly to mission-related activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Professional Home Care Inc 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Professional Home Care Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$6.5MTotal Revenue
$7.5MTotal Expenses
$7.3MTotal Assets
$1.2MTotal Liabilities
$6.1MNet Assets
  • The organization reported a deficit of $980K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 16.3%.

Executive Compensation Analysis

Professional Home Care Inc consistently reports 0% officer compensation across all available filings, indicating that its executive leadership is not compensated through the organization's funds, which is highly unusual for an organization of its size with revenues typically exceeding $8 million annually.

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 Professional Home Care Inc's IRS 990 filings:

  • Operating deficit in 2022 ($6,526,449 revenue vs. $7,506,670 expenses)
  • Significant drop in revenue from $7,999,984 in 2021 to $6,526,449 in 2022.

Strengths

The following positive indicators were identified for Professional Home Care Inc:

  • Consistent reporting of 0% officer compensation across all filings.
  • Strong asset base, consistently above $5 million, indicating financial resilience.
  • Long history of IRS 990 filings (12 filings), suggesting transparency and compliance.
  • Generally stable revenue streams over a decade, typically above $8 million.

Frequently Asked Questions about Professional Home Care Inc

Is Professional Home Care Inc a legitimate charity?

Professional Home Care Inc (EIN: 161261977) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $8.3M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Professional Home Care Inc spend its money?

Professional Home Care Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Professional Home Care Inc tax-deductible?

Professional Home Care Inc is registered as a tax-exempt nonprofit (EIN: 161261977). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Professional Home Care Inc CEO make?

Professional Home Care Inc's highest-compensated officer earns $8 annually. The organization reported $8.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Professional Home Care Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Professional Home Care Inc is above average for NTEE category E99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Professional Home Care Inc located?

Professional Home Care Inc is headquartered in Johnson City, New York and files with the IRS under EIN 161261977. It is classified under NTEE code E99.

How many years of IRS 990 filings does Professional Home Care Inc have?

Professional Home Care Inc has 12 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 $8.3M in total revenue.

Is Professional Home Care Inc financially stable?

Yes, Professional Home Care Inc appears financially stable, with consistent revenues generally between $8M and $10M and assets consistently above $5M over the past decade, despite some years showing an operating deficit like 2022.

How does Professional Home Care Inc manage executive compensation?

Professional Home Care Inc reports 0% officer compensation across all available filings, suggesting that its executive leadership is not paid by the organization.

What is the trend in Professional Home Care Inc's revenue?

Professional Home Care Inc's revenue has fluctuated, peaking around $10.8M in 2015 and $9.2M in 2020, but showing a slight decline in recent years, with $6.5M in 2022 from $8M in 2021.

Filing History

IRS 990 filing history for Professional Home Care Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Professional Home Care Inc's revenue has declined by 30.6%, moving from $9.4M to $6.5M. Total assets increased by 41.1% over the same period, from $5.2M to $7.3M. Total functional expenses fell by 16.1%, from $8.9M to $7.5M. In its most recent filing year (2022), Professional Home Care Inc reported a deficit of $980K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $7.3M in assets (debt-to-asset ratio: 16.3%), resulting in net assets of $6.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $6.5M $7.5M $7.3M $1.2M View 990
2021 $8.0M $7.7M $8.3M $884K View 990
2020 $9.3M $8.0M $8.5M $1.9M View 990
2019 $9.2M $8.5M $7.3M $2.1M View 990
2018 $8.9M $8.5M $6.5M $2.1M View 990
2017 $9.0M $8.7M $6.2M $2.0M View 990
2016 $8.9M $9.0M $5.7M $1.9M View 990
2015 $10.8M $10.3M $5.9M $2.1M View 990
2014 $10.2M $9.6M $6.5M $3.3M View 990
2013 $9.5M $9.2M $5.9M $1.9M View 990
2012 $9.2M $8.9M $5.6M $2.1M View 990
2011 $9.4M $8.9M $5.2M $2.1M View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $6.5M, expenses of $7.5M, and assets of $7.3M (revenue -18.4% year-over-year).
  • 2021: Revenue of $8.0M, expenses of $7.7M, and assets of $8.3M (revenue -14.0% year-over-year).
  • 2020: Revenue of $9.3M, expenses of $8.0M, and assets of $8.5M (revenue +1.5% year-over-year).
  • 2019: Revenue of $9.2M, expenses of $8.5M, and assets of $7.3M (revenue +3.0% year-over-year).
  • 2018: Revenue of $8.9M, expenses of $8.5M, and assets of $6.5M (revenue -1.5% year-over-year).
  • 2017: Revenue of $9.0M, expenses of $8.7M, and assets of $6.2M (revenue +1.6% year-over-year).
  • 2016: Revenue of $8.9M, expenses of $9.0M, and assets of $5.7M (revenue -17.7% year-over-year).
  • 2015: Revenue of $10.8M, expenses of $10.3M, and assets of $5.9M (revenue +6.1% year-over-year).
  • 2014: Revenue of $10.2M, expenses of $9.6M, and assets of $6.5M (revenue +7.6% year-over-year).
  • 2013: Revenue of $9.5M, expenses of $9.2M, and assets of $5.9M (revenue +2.4% year-over-year).
  • 2012: Revenue of $9.2M, expenses of $8.9M, and assets of $5.6M (revenue -1.7% year-over-year).
  • 2011: Revenue of $9.4M, expenses of $8.9M, and assets of $5.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Professional Home Care Inc:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Professional Home Care 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.

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