Charles River Community Health Inc

Analysis

Charles River Community Health Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 1973, 53 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, Charles River Community Health Inc reported income of $23.9m and spending of $23.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.9m to $23.9m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charles River Community Health 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 97th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Woodland Centers ($23.9m), Toiyabe Indian Health Project Inc ($23.9m) and Genesys Ambulatory Health Services Inc ($23.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $394k (1.7% of expenses). Other salaries and wages came to $11.5m. At year end it held assets of $19.6m against liabilities of $15.0m, net assets of $4.6m. It reported 229 employees.