Camcare Health Corp

Analysis

Camcare Health Corp is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in June 1984, 42 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 December 2023, Camcare Health Corp reported income of $32.8m and spending of $34.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.7m to $32.8m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Camcare Health Corp 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 99th percentile within NJ. Charities of a similar size with the same main cause include Hurley Clinics ($32.8m), American Osteopathic Association ($32.9m) and Choptank Community Health System Inc ($32.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $17.1m (49% of expenses). At year end it held assets of $19.9m against liabilities of $4.2m, net assets of $15.8m. It reported 300 employees.