Coatesville Health Developmentcorporation

Analysis

Coatesville Health Developmentcorporation is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in March 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coatesville Health Developmentcorporation reported income of $339k and spending of $484k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $449k to $339k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 126% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coatesville Health Developmentcorporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include River Valley Healthy Communities Coalition ($339k), Infusion Access Foundation ($339k) and Camp Dreamcatcher ($339k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $38k. At year end it held assets of $3.0m against liabilities of $3.5m, net assets of -$451k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.