Middlesex Health System Inc

Analysis

Middlesex Health System Inc is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Middlesex Health System Inc reported income of $994k and spending of $1.6m, spending 164% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $994k (-6.2%), an average of -1.6% a year. Over the whole period it spent 160% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Middlesex Health System Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include The Miracles Club ($994k), Nicos Chinese Health Coalition ($995k) and Nami Lexington Ky Inc ($994k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $27k (1.6% of expenses). Other salaries and wages came to $513k. At year end it held assets of $15k against liabilities of $0, net assets of $15k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.