Community Health Net

Analysis

Community Health Net is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in May 1985, 41 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, Community Health Net reported income of $14.2m and spending of $13.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.1m to $14.2m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health Net sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Home Care Partners Inc ($14.2m), Teen Challenge of Southern California ($14.2m) and Association of Asian-Pacific Community Health Organizations ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $286k (2.2% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $10.4m against liabilities of $3.0m, net assets of $7.4m. It reported 143 employees.