Edward M Kennedy Community Health Center Inc

Analysis

Edward M Kennedy Community Health Center Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in November 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 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, Edward M Kennedy Community Health Center Inc reported income of $54.5m and spending of $51.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.2m to $54.5m (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Edward M Kennedy Community Health Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Amberwell Atchison Association ($54.5m), The Guidance Center ($54.7m) and Siouxland Community Health Center ($54.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $1.4m (2.7% of expenses). Other salaries and wages came to $27.1m. At year end it held assets of $55.8m against liabilities of $21.6m, net assets of $34.2m. It reported 526 employees.