Zufall Health Center Inc
Analysis
Zufall Health Center Inc is a registered charity in United States, based in Dover, NJ. It received its IRS tax-exemption ruling in November 1991, 35 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, Zufall Health Center Inc reported income of $54.0m and spending of $53.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.1m to $54.0m (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 18%. 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, Zufall Health Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Nysarc Inc ($53.9m), Blue Ridge Healthcare Medical Group Inc ($54.1m) and Circles of Care Inc ($53.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $1.8m (3.4% of expenses). Other salaries and wages came to $25.3m. At year end it held assets of $55.4m against liabilities of $17.7m, net assets of $37.7m. It reported 587 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 46%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nysarc Inc | Rochester | $53.9m |
| Blue Ridge Healthcare Medical Group Inc | Morganton | $54.1m |
| Circles of Care Inc | Melbourne | $53.9m |
| Memorial Community Hospital Corporation | Blair | $54.1m |