Community LTC Inc

Analysis

Community LTC Inc is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in August 1993, 33 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, Community LTC Inc reported income of $14.5m and spending of $14.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.4m to $14.5m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 25%. 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 LTC Inc 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 96th percentile within IN. Charities of a similar size with the same main cause include Rutherford County Primary Care ($14.5m), Princeton Healthcare System Foundation Inc ($14.5m) and Alphanet Inc ($14.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $384k (2.7% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $19.7m against liabilities of $1.5m, net assets of $18.2m. It reported 417 employees.