R A I N Home Attendant Services Inc
R A I N Home Attendant Services Inc maintains stable finances with consistent surpluses and no reported officer compensation.
EIN: 133008330 · Bronx, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31.5M |
| Total Expenses | $34.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $7.4M |
| Transparency Score | 90/100 |
Is R A I N Home Attendant Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
R A I N Home Attendant Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About R A I N Home Attendant Services Inc
R A I N Home Attendant Services Inc (EIN: 133008330) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $31.5M and total assets of $15.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R A I N Home Attendant Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
R A I N Home Attendant Services Inc is a large nonprofit that has been operating for 45 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35.0M |
| Total Expenses | $34.2M |
| Surplus / Deficit | +$732K |
| Total Assets | $15.1M |
| Total Liabilities | $7.7M |
| Net Assets | $7.4M |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 50.9% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2023, R A I N Home Attendant Services Inc reported a surplus of $732K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 50.9% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), R A I N Home Attendant Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | +7.3% | +4.1% |
| 2022 | -5.9% | -10.7% | +27.2% |
| 2021 | -8.4% | -10.1% | +20.9% |
| 2020 | -1.5% | -2.6% | +3.3% |
| 2019 | +37.8% | -4.3% | -16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 R A I N Home Attendant Services Inc with a Mission Score of 90 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, R A I N Home Attendant Services Inc 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 $732K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.9%.
Executive Compensation Analysis
R A I N Home Attendant Services Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size (revenues exceeding $30 million annually) and suggests a strong commitment to directing funds towards its mission rather than executive salaries.
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 R A I N Home Attendant Services Inc's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for R A I N Home Attendant Services Inc:
- Consistent positive net income in recent years (e.g., $731,977 in 202306, $3,477,011 in 202206).
- Growing net assets, indicating financial stability and growth ($9.1M in 2019 to $15.7M in 2023).
- Reports 0% officer compensation across all filings, suggesting high efficiency and dedication to mission.
- Stable revenue base consistently above $30 million.
Frequently Asked Questions about R A I N Home Attendant Services Inc
Is R A I N Home Attendant Services Inc a legitimate charity?
R A I N Home Attendant Services Inc (EIN: 133008330) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $31.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does R A I N Home Attendant Services Inc spend its money?
R A I N Home Attendant Services Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to R A I N Home Attendant Services Inc tax-deductible?
R A I N Home Attendant Services Inc is registered as a tax-exempt nonprofit (EIN: 133008330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the R A I N Home Attendant Services Inc CEO make?
R A I N Home Attendant Services Inc's highest-compensated officer earns $30 annually. The organization reported $31.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of R A I N Home Attendant Services Inc's spending goes to programs?
R A I N Home Attendant Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is R A I N Home Attendant Services Inc located?
R A I N Home Attendant Services Inc is headquartered in Bronx, New York and files with the IRS under EIN 133008330.
How many years of IRS 990 filings does R A I N Home Attendant Services Inc have?
R A I N Home Attendant Services 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 $31.5M in total revenue.
Is R A I N Home Attendant Services Inc a good charity?
Based on the provided data, R A I N Home Attendant Services Inc appears to be a good charity. It consistently generates surpluses, has growing assets, and notably reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has been generally stable, with revenues fluctuating between $30 million and $43 million. After a period of higher expenses than revenue in 2017 and 2018, it has consistently generated surpluses since 2019, leading to a healthy increase in net assets from $9.1 million in 2019 to $15.7 million in 2023.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend in recent years, increasing from a low of $9.1 million in 2019 to $15.7 million in the latest filing (202306). This indicates financial growth and stability after a period of decline from a high of $25.1 million in 2015.
Filing History
IRS 990 filing history for R A I N Home Attendant Services Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), R A I N Home Attendant Services Inc's revenue has declined by 11%, moving from $39.3M to $35.0M. Total assets increased by 12.7% over the same period, from $13.4M to $15.1M. Total functional expenses fell by 9%, from $37.6M to $34.2M. In its most recent filing year (2023), R A I N Home Attendant Services Inc reported a surplus of $732K, with revenue exceeding expenses. The organization holds $7.7M in liabilities against $15.1M in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35.0M | $34.2M | $15.1M | $7.7M | — | — |
| 2022 | $35.4M | $31.9M | $14.5M | $7.8M | — | View 990 |
| 2021 | $37.6M | $35.7M | $11.4M | $6.9M | — | View 990 |
| 2020 | $41.0M | $39.7M | $9.4M | $7.6M | — | View 990 |
| 2019 | $41.6M | $40.7M | $9.1M | $6.8M | — | View 990 |
| 2018 | $30.2M | $42.5M | $10.9M | $6.3M | — | View 990 |
| 2017 | $35.0M | $41.1M | $22.0M | $4.8M | — | View 990 |
| 2015 | $42.6M | $40.6M | $25.2M | $4.7M | — | View 990 |
| 2014 | $41.9M | $41.1M | $20.2M | $7.9M | — | View 990 |
| 2013 | $43.2M | $35.1M | $18.1M | $3.0M | — | View 990 |
| 2012 | $40.9M | $38.9M | $15.5M | $4.7M | — | View 990 |
| 2011 | $39.3M | $37.6M | $13.4M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35.0M, expenses of $34.2M, and assets of $15.1M (revenue -1.1% year-over-year).
- 2022: Revenue of $35.4M, expenses of $31.9M, and assets of $14.5M (revenue -5.9% year-over-year).
- 2021: Revenue of $37.6M, expenses of $35.7M, and assets of $11.4M (revenue -8.4% year-over-year).
- 2020: Revenue of $41.0M, expenses of $39.7M, and assets of $9.4M (revenue -1.5% year-over-year).
- 2019: Revenue of $41.6M, expenses of $40.7M, and assets of $9.1M (revenue +37.8% year-over-year).
- 2018: Revenue of $30.2M, expenses of $42.5M, and assets of $10.9M (revenue -13.6% year-over-year).
- 2017: Revenue of $35.0M, expenses of $41.1M, and assets of $22.0M (revenue -17.8% year-over-year).
- 2015: Revenue of $42.6M, expenses of $40.6M, and assets of $25.2M (revenue +1.7% year-over-year).
- 2014: Revenue of $41.9M, expenses of $41.1M, and assets of $20.2M (revenue -3.0% year-over-year).
- 2013: Revenue of $43.2M, expenses of $35.1M, and assets of $18.1M (revenue +5.6% year-over-year).
- 2012: Revenue of $40.9M, expenses of $38.9M, and assets of $15.5M (revenue +4.1% year-over-year).
- 2011: Revenue of $39.3M, expenses of $37.6M, and assets of $13.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for R A I N Home Attendant Services Inc:
Data Sources and Methodology
This transparency report for R A I N Home Attendant 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.