Monmouth Family Health Center Inc

Analysis

Monmouth Family Health Center Inc is a registered charity in United States, based in Long Branch, NJ. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2023, Monmouth Family Health Center Inc reported income of $13.0m and spending of $11.8m, spending 90% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $9.6m to $13.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to March 2022, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Monmouth Family Health Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Scott Regional Medical Center Inc ($13.0m), Community and Rural Health Services ($13.0m) and Primary Care Medical Services of Poinciana Inc ($13.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $401k (3.4% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $13.7m against liabilities of $4.3m, net assets of $9.4m. It reported 102 employees.