Neighborhood Health Clinics Inc

Analysis

Neighborhood Health Clinics Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 1995, 31 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 December 2023, Neighborhood Health Clinics Inc reported income of $25.1m and spending of $21.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.1m to $25.1m (+78%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neighborhood Health Clinics Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Dyouville Senior Care Inc ($25.1m), Joslin Clinic Inc ($25.1m) and Spectrum Health Service Inc ($25.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $962k (4.4% of expenses). Other salaries and wages came to $10.8m. It paid $49k in professional fundraising fees. At year end it held assets of $29.3m against liabilities of $14.1m, net assets of $15.2m. It reported 248 employees.