Fidelity Health Care Inc

Analysis

Fidelity Health Care Inc is a registered charity in United States, based in Moraine, OH. It received its IRS tax-exemption ruling in March 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fidelity Health Care Inc reported income of $54.8m and spending of $53.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $57.4m to $54.8m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fidelity Health Care Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Behavioral Health System Baltimore Inc ($54.7m), Siskin Hospital for Physical Rehabilitation ($54.8m) and Navajo Health Foundation-Sage Memorial Hospital Inc ($54.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $455k (0.8% of expenses). Other salaries and wages came to $34.8m. At year end it held assets of $33.5m against liabilities of $2.9m, net assets of $30.5m. It reported 865 employees.