Community Healthcare Network Inc

Analysis

Community Healthcare Network Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1981, 45 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 Healthcare Network Inc reported income of $80.8m and spending of $90.2m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $90.5m to $80.8m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Healthcare Network Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Frontier Behavioral Health Spokane Mental Health ($80.8m), Ut Medical Group Inc ($80.8m) and Upmc ($80.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $2.4m (2.7% of expenses). Other salaries and wages came to $43.0m. At year end it held assets of $154.5m against liabilities of $71.0m, net assets of $83.5m. It reported 814 employees.