Health Care
(E910)
IRS Verified
DX Registered
990 on File
HOME FOR THE FRIENDLESS
Financial strength (30%)
81/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Homeland Center is dedicated to: (a) providing residents with comprehensive support and healthcare services in a safe, secure, and caring environment; (b) promoting an atmosphere of dignity, kindness, courtesy, and consideration for each resident; and (c) fostering neighborhood and community outreach among the staff and residents by participating in activities and concerns of the community.
Financial Overview — FY 2023
$35.7M
Total Revenue
$35.4M
Total Expenses
$29.6M
Net Assets
428
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.3%
Fundraising Efficiency
4409.6%
Operating Reserve
10.04x
Liability-to-Asset
32.1%
Revenue Diversification
82.0%
Executive Compensation
$1.0M
Compared with Peers
FY 2023
Compared with 3,289 similar organizations
(United States, Health Care, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.3% | 84.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.3% | 14.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
4409.6% | 321.9% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.0 mo | 6.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.1% | 37.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.0% | 93.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
6.3% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.2% | 7.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.9% | 0.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $35.7M | $35.4M | $29.6M | 82.3% | 428 |
| 2022 | $33.6M | $35.5M | $26.0M | 83.3% | 445 |
| 2021 | $35.2M | $36.2M | N/A | — | 436 |
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