Parker Family Health Center Inc

Analysis

Parker Family Health Center Inc is a registered charity in United States, based in Red Bank, NJ. It received its IRS tax-exemption ruling in July 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 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, Parker Family Health Center Inc reported income of $5.1m and spending of $2.1m, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $5.1m (+410%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parker Family Health Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Hemophilia Federation of America Inc ($5.1m), Red Barn Farms ($5.1m) and Porter Medical Center Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $232k (11% of expenses). Other salaries and wages came to $636k. At year end it held assets of $8.6m against liabilities of $350k, net assets of $8.2m. It reported 32 employees.