MHS Primary Care Inc

Analysis

MHS Primary Care Inc is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in October 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, MHS Primary Care Inc reported income of $37.3m and spending of $57.2m, spending 153% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $28.7m to $37.3m (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2021, when income rose by 28%. Over the whole period it spent 151% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, MHS Primary Care Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include Scott & White Hospital-Taylor ($37.3m), Indiana University Health Paoli Inc ($37.3m) and Miami County Medical Center Inc ($37.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $411k (0.7% of expenses). Other salaries and wages came to $34.0m. At year end it held assets of $14.1m against liabilities of $15.6m, net assets of -$1.5m. It reported 449 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.