Prime Care Inc

Analysis

Prime Care Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in May 1988, 38 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 December 2023, Prime Care Inc reported income of $188k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $188k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 1303%. Over the whole period it spent 0.0% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prime Care Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Challenge to Conquer Cancer ($188k), Mental Health Assn in Michigan ($188k) and Kings Guild of the Valley Childrens Hospital ($188k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.6m against liabilities of $925k, net assets of $1.7m.