Jewish Healthcare Center Inc

Analysis

Jewish Healthcare Center Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in January 1942, 84 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jewish Healthcare Center Inc reported income of $28.3m and spending of $28.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $29.7m to $28.3m (-4.8%), an average of -1.2% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jewish Healthcare Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Saint Francis Hospital Vinita Inc ($28.3m), Texas Heart Institute ($28.3m) and Texas Health Resources Foundation ($28.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 91% of the total. Other salaries and wages came to $17.2m. At year end it held assets of $10.8m against liabilities of $2.1m, net assets of $8.7m. It reported 515 employees.