Tullamore group Family Carers Ireland have crunched the numbers.
Family Carers Ireland says Budget 2020 provides for less than a quarter of the homecare hours required to meet demand.
The Tullamore-based group estimates 4.4 million additional hours are needed in the sector - only 1 million were announced by Finance Minister Paschal Donohue yesterday.
Currently, there are more than 7,000 people on the waiting list for homecare in Ireland.
Catherine Cox from Family Carers Ireland also has concerns about how new funding will be spent: