Progressive Healthcare Providers - Fern Park LLC

Analysis

Progressive Healthcare Providers - Fern Park LLC is a registered charity in United States, based in Fern Park, FL. It received its IRS tax-exemption ruling in October 1995, 31 years ago. 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 February 2024, Progressive Healthcare Providers - Fern Park LLC reported income of $11.0m and spending of $9.9m, spending 91% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $7.9m to $11.0m (+38%), an average of +8.4% a year. The sharpest change came in the year to February 2023, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Progressive Healthcare Providers - Fern Park LLC sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include East Central Illinois Area Agency on Aging Inc ($11.0m), Torah Academy of Bergen County ($11.0m) and Mymichigan Home Care ($11.0m).

On its Form 990 for the period ending February 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $4.8m. At year end it held assets of $6.3m against liabilities of $3.9m, net assets of $2.4m. It reported 174 employees.