Centering Healthcare Institute Inc

Analysis

Centering Healthcare Institute Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Centering Healthcare Institute Inc reported income of $6.7m and spending of $7.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $6.7m (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 310%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Centering Healthcare Institute 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 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Adapt Incorporated ($6.7m), Second Helpings ($6.7m) and African Community Education Program ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $619k (8.5% of expenses). Other salaries and wages came to $3.6m. It paid $5,951 in professional fundraising fees. At year end it held assets of $16.6m against liabilities of $3.0m, net assets of $13.6m. It reported 45 employees.