South-West Community Health Center Inc

Analysis

South-West Community Health Center Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in July 1980, 46 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, South-West Community Health Center Inc reported income of $45.9m and spending of $47.2m, spending 103% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $32.9m to $45.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to July 2020, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South-West Community 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 98th percentile within CT. Charities of a similar size with the same main cause include Serv Centers of New Jersey Inc ($45.9m), Dirne Health Centers Inc ($45.9m) and LA Jolla Country Day School ($45.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.4m (3.1% of expenses). Other salaries and wages came to $19.4m. At year end it held assets of $30.7m against liabilities of $9.7m, net assets of $21.0m. It reported 350 employees.