Sixteenth Street Community Health Centers Inc

Analysis

Sixteenth Street Community Health Centers Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1972, 54 years ago. 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, Sixteenth Street Community Health Centers Inc reported income of $55.2m and spending of $55.0m, spending 100% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $40.4m to $55.2m (+37%), an average of +8.1% a year. The sharpest change came in the year to March 2020, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sixteenth Street Community Health Centers Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include St Margaret of Scotland Episcopal School ($55.0m), Dominican University New York ($55.3m) and Unidosus ($55.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $684k (1.2% of expenses). Other salaries and wages came to $31.4m. At year end it held assets of $41.8m against liabilities of $11.9m, net assets of $30.0m. It reported 568 employees.