Pernet Family Health Service Inc

Analysis

Pernet Family Health Service Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in March 1970, 56 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 June 2023, Pernet Family Health Service Inc reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.0m (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pernet Family Health Service Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Dakota Family Services ($3.0m), Childrens Miracle Network of Greater St Louis ($3.0m) and Warby Parker Foundation ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $247k (8.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.0m against liabilities of $662k, net assets of $2.3m. It reported 32 employees.