Center for Health Care Strategies Inc

Analysis

Center for Health Care Strategies Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in September 1995, 31 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, Center for Health Care Strategies Inc reported income of $10.2m and spending of $9.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $10.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 227%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Health Care Strategies Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Office of Mental Health Core Service Agency of Hartford Co Inc ($10.2m), My Community Health Center ($10.2m) and Volunteers in Medicine Clinic Inc ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $366k (3.7% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $24.7m against liabilities of $7.0m, net assets of $17.7m. It reported 83 employees.