Primecare Inc

Analysis

Primecare Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover mental health and crisis intervention, 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 2023, Primecare Inc reported income of $22.0m and spending of $21.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.4m to $22.0m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Primecare 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 Green Chimneys School for Little Folk ($21.9m), Easter Seals Alabama Inc ($22.0m) and Drug Information Association Inc ($21.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. Other salaries and wages came to $12.5m. At year end it held assets of $7.7m against liabilities of $6.0m, net assets of $1.8m. It reported 140 employees.