Hamilton Community Health Network Inc

Analysis

Hamilton Community Health Network Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2024, Hamilton Community Health Network Inc reported income of $31.0m and spending of $28.0m, spending 90% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $21.4m to $31.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to March 2024, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hamilton Community Health Network Inc sits at the 91st percentile: it is larger than about 91% 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 Auburn Memorial Medical Services PC ($31.0m), Family Health & Housing Foundation ($31.0m) and Orchard Hospital ($31.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.4m (4.9% of expenses). Other salaries and wages came to $15.2m. At year end it held assets of $28.2m against liabilities of $4.1m, net assets of $24.2m. It reported 268 employees.