Paterson Community Health Center Inc

Analysis

Paterson Community Health Center Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in August 1981, 45 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 December 2023, Paterson Community Health Center Inc reported income of $7.6m and spending of $7.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.6m to $7.6m (-1.1%), an average of -0.3% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paterson Community Health Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Social Justice Fund Northwest ($7.6m), 9 to 5 National Association of Working Women ($7.6m) and St Michaels Country Day School ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $801k (11% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $8.3m against liabilities of $1.5m, net assets of $6.8m. It reported 51 employees.