Groton Community Health Care Center Inc

Analysis

Groton Community Health Care Center Inc is a registered charity in United States, based in Groton, NY. It received its IRS tax-exemption ruling in January 1974, 52 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, Groton Community Health Care Center Inc reported income of $9.5m and spending of $10.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.7m to $9.5m (+41%), an average of +9.0% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Groton Community Health Care Center 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 93rd percentile within NY. Charities of a similar size with the same main cause include Northern Montana Health Care Inc ($9.5m), Spiritt Family Services ($9.5m) and Cuba Memorial Hospital Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $2.2m against liabilities of $1.4m, net assets of $745k. It reported 183 employees.