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Generations Family Health Center Inc

RegisteredEIN 22-3158253Willimantic, CTHealth and saving lives
Income$25.9m2023-06
Spending$26.5msame year
Spent / received94%5-year average
Size in its cause90th pctHealth and saving lives
Exempt since1992Publicly supported organisat
Employees293latest return

Analysis

Generations Family Health Center Inc is a registered charity in United States, based in Willimantic, CT. It received its IRS tax-exemption ruling in May 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Generations Family Health Center Inc reported income of $25.9m and spending of $26.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.4m to $25.9m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 32%. 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, Generations Family Health Center Inc sits at the 90th 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 97th percentile within CT. Charities of a similar size with the same main cause include Childrens School Services ($25.8m), Mymichigan Medical Center Standish ($25.9m) and Riverspring Services Corp ($25.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $1.3m (5.1% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $28.6m against liabilities of $9.1m, net assets of $19.4m. It reported 293 employees.

Income and spending

$0$7.8m$15.6m$23.4m$31.2m2019 Income: $24,391,8312019 Spending: $22,149,29920192020 Income: $23,554,2942020 Spending: $24,328,62420202021 Income: $31,182,7102021 Spending: $25,210,04220212022 Income: $26,593,5252022 Spending: $25,767,14120222023 Income: $25,860,8732023 Spending: $26,458,1652023
IncomeSpending

Where the income comes from

  • Contributions & grants 31%
  • Program services 69%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Childrens School ServicesWashington$25.8m
Mymichigan Medical Center StandishMidland$25.9m
Riverspring Services CorpBronx$25.8m
St Catherines Village IncJackson$25.9m