Cape Cod Healthcare Inc

Analysis

Cape Cod Healthcare Inc is a registered charity in United States, based in Hyannis, MA. It received its IRS tax-exemption ruling in December 1985, 41 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 September 2023, Cape Cod Healthcare Inc reported income of $147.6m and spending of $141.7m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $113.9m to $147.6m (+30%), an average of +6.7% a year. The sharpest change came in the year to September 2021, when income rose by 22%. 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, Cape Cod Healthcare Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Lehigh Valley Hospital - Schuykill ($147.5m), Bon Secours Medical Group Greenville Specialty Care LLC ($147.6m) and Advocates Inc ($147.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $6.2m (4.4% of expenses). Other salaries and wages came to $30.8m. At year end it held assets of $463.5m against liabilities of $213.5m, net assets of $249.9m. It reported 328 employees.