Community Health Services Inc

Analysis

Community Health Services Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in December 1970, 56 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 December 2023, Community Health Services Inc reported income of $20.9m and spending of $21.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.8m to $20.9m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Hartford Healthcare Senior Services Inc ($20.9m), Lamoille County Mental Health Service ($20.9m) and Scenicview Foundation ($20.9m).

On its Form 990 for the period ending December 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 $480k (2.3% of expenses). Other salaries and wages came to $11.7m. At year end it held assets of $18.3m against liabilities of $1.7m, net assets of $16.7m. It reported 240 employees.