Brockton Neighborhood Health Center Inc

Analysis

Brockton Neighborhood Health Center Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brockton Neighborhood Health Center Inc reported income of $76.5m and spending of $80.4m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $56.9m to $76.5m (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brockton Neighborhood Health Center Inc sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Massachusetts Institute of Technology Welfare Benefit Plans T ($75.9m), Hopewell Health Centers Inc ($76.6m) and Independent Order of Odd Fellows ($75.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $1.7m (2.1% of expenses). Other salaries and wages came to $45.4m. At year end it held assets of $50.7m against liabilities of $24.6m, net assets of $26.1m. It reported 810 employees.