Primecare Community Health Inc

Analysis

Primecare Community Health Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1992, 34 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Primecare Community Health Inc reported income of $40.2m and spending of $30.9m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.6m to $40.2m (+142%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Primecare Community Health Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Wreaths Across America ($40.2m), Milwaukee Institute of Art and Design Inc ($40.2m) and Family Institute ($40.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.1m (3.5% of expenses). Other salaries and wages came to $13.8m. At year end it held assets of $50.0m against liabilities of $19.4m, net assets of $30.6m. It reported 306 employees.