MCV Health Care Facilities Inc

Analysis

MCV Health Care Facilities Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 1989, 37 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, MCV Health Care Facilities Inc reported income of $23.2m and spending of $19.9m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.2m to $23.2m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, MCV Health Care Facilities Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Fairmount Homes ($23.2m), The Josselyn Center NFP ($23.2m) and Brightwater Health ($23.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Other salaries and wages came to $9.2m. At year end it held assets of $28.3m against liabilities of $12.3m, net assets of $15.9m. It reported 371 employees.