Peninsula Healthcare Connection Inc

Analysis

Peninsula Healthcare Connection Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Peninsula Healthcare Connection Inc reported income of $5.6m and spending of $5.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $5.6m (+146%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peninsula Healthcare Connection Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Baldwin Care Center Inc ($5.6m), Federation of State Massage Therapy Boards ($5.6m) and Regional Ambulance Service Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $411k (7.6% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $2.7m against liabilities of $701k, net assets of $2.0m. It reported 62 employees.