Castle Family Health Centers Inc

Analysis

Castle Family Health Centers Inc is a registered charity in United States, based in Atwater, CA. It received its IRS tax-exemption ruling in June 2007, 19 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 June 2023, Castle Family Health Centers Inc reported income of $30.1m and spending of $28.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.5m to $30.1m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 21%. 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, Castle Family Health Centers Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Easter Seals Delaware & Marylands Eastern Shore Inc ($30.0m), McKenize Memorial Hospital ($30.1m) and Orleans Community Health ($30.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $2.3m (8.0% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $29.2m against liabilities of $14.3m, net assets of $14.9m. It reported 229 employees.