Fenway Community Health Center Inc

Analysis

Fenway Community Health Center Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1975, 51 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 2024, Fenway Community Health Center Inc reported income of $112.6m and spending of $116.6m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $108.9m to $112.6m (+3.3%), an average of +0.7% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fenway Community Health Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Upstate Cerebral Palsy Inc ($112.4m), Southwest Health Center Inc ($112.6m) and Michigan Health Endowment Fund ($112.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $1.1m (1.0% of expenses). Other salaries and wages came to $38.9m. At year end it held assets of $97.0m against liabilities of $45.4m, net assets of $51.6m. It reported 801 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.