Henry J Austin Health Center Inc

Analysis

Henry J Austin Health Center Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in June 1986, 40 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 March 2023, Henry J Austin Health Center Inc reported income of $29.3m and spending of $29.6m, spending 101% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $22.7m to $29.3m (+29%), an average of +6.5% a year. The sharpest change came in the year to March 2022, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Henry J Austin Health Center Inc sits at the 91st percentile: it is larger than about 90% 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 Tri-Valley Inc ($29.3m), Episcopal Health Foundation ($29.3m) and Methodist Healthcare Community Care Association ($29.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 54% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $970k (3.3% of expenses). Other salaries and wages came to $13.3m. At year end it held assets of $17.1m against liabilities of $7.3m, net assets of $9.8m. It reported 247 employees.