New Community Health Care Inc

Analysis

New Community Health Care Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in January 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 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, New Community Health Care Inc reported income of $9.2m and spending of $10.5m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.5m to $9.2m (-20%), an average of -5.4% a year. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Community Health Care Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include North Community Counseling Centers Inc ($9.2m), Ahf-Central States Inc ($9.2m) and Association for Utah Community Health ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5.5m. At year end it held assets of $1.9m against liabilities of $9.1m, net assets of -$7.1m. It reported 104 employees.