Outer Cape Health Services Inc

Analysis

Outer Cape Health Services Inc is a registered charity in United States, based in Orleans, MA. It received its IRS tax-exemption ruling in December 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Outer Cape Health Services Inc reported income of $32.0m and spending of $34.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.8m to $32.0m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 25%. 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, Outer Cape Health Services Inc sits at the 91st percentile: it is larger than about 91% 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 Korean Health Education Information and Research Center ($31.9m), AIDS Action Coalition of Huntsville ($32.0m) and Cumberland Memorial Hospital Inc ($31.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $795k (2.3% of expenses). Other salaries and wages came to $15.1m. At year end it held assets of $20.6m against liabilities of $11.9m, net assets of $8.7m. It reported 264 employees.