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North Shore Community Health Inc

RegisteredEIN 04-2610447Salem, MAHealth and saving lives
Income$26.9m2024-06
Spending$25.8msame year
Spent / received96%6-year average
Size in its cause90th pctHealth and saving lives
Exempt since1978Publicly supported organisat
Employees243latest return

Analysis

North Shore Community Health Inc is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in April 1978, 48 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, North Shore Community Health Inc reported income of $26.9m and spending of $25.8m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $16.7m to $26.9m (+61%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 38%. 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, North Shore Community Health 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 Common Ground ($26.9m), CCMH Corporation ($27.0m) and Daughters of Sarah Nursing Center Inc ($26.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.2m (4.8% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $18.0m against liabilities of $9.3m, net assets of $8.7m. It reported 243 employees.

Income and spending

$0$6.7m$13.5m$20.2m$26.9m2019 Income: $16,706,5272019 Spending: $18,194,55920192020 Income: $18,305,1882020 Spending: $17,616,95020202021 Income: $25,174,4162021 Spending: $20,577,43320212022 Income: $25,824,8652022 Spending: $25,339,74920222023 Income: $26,821,9912023 Spending: $26,522,03620232024 Income: $26,923,1232024 Spending: $25,846,8042024
IncomeSpending

Where the income comes from

  • Contributions & grants 33%
  • Program services 67%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Common GroundBingham Farms$26.9m
CCMH CorporationCarrollton$27.0m
Daughters of Sarah Nursing Center IncAlbany$26.8m
TmconeTucson$27.0m