Intercare Community Health Network

Analysis

Intercare Community Health Network is a registered charity in United States, based in Bangor, MI. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover mental health and crisis intervention, 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 March 2023, Intercare Community Health Network reported income of $39.7m and spending of $40.6m, spending 102% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $34.0m to $39.7m (+17%), an average of +3.9% a year. The sharpest change came in the year to March 2021, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Intercare Community Health Network sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Childrens Hospital Colorado Health System ($39.6m), Henry County Health Center Inc ($39.7m) and Riverside Healthcare Association Inc ($39.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $1.7m (4.3% of expenses). Other salaries and wages came to $22.0m. At year end it held assets of $26.5m against liabilities of $18.3m, net assets of $8.2m. It reported 476 employees.