Team Healthcare Incorporated

Analysis

Team Healthcare Incorporated is a registered charity in United States, based in Pompton PLNS, NJ. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Team Healthcare Incorporated reported income of $863k and spending of $509k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $418k to $863k (+106%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 153%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Team Healthcare Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Tomorrows Rainbow Inc ($863k), Milton H Erickson Foundation Inc ($863k) and Medshadow Foundation ($863k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $53k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 1 employees.