Codman Square Health Center Inc

Analysis

Codman Square Health Center Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in July 1980, 46 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 September 2023, Codman Square Health Center Inc reported income of $55.3m and spending of $56.4m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $41.0m to $55.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to September 2021, when income rose by 38%. 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, Codman Square 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 Stanley Manne Childrens Research Institute ($55.3m), Behavioral Health of Cambria County ($55.4m) and Indiana University Health White Memorial Hospital Inc ($55.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $1.2m (2.2% of expenses). Other salaries and wages came to $20.7m. It paid $41k in professional fundraising fees. At year end it held assets of $53.3m against liabilities of $8.1m, net assets of $45.2m. It reported 420 employees.