Community Health Care Inc

Analysis

Community Health Care Inc is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in August 1976, 50 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 January 2024, Community Health Care Inc reported income of $51.2m and spending of $49.1m, spending 96% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $32.2m to $51.2m (+59%), an average of +12% a year. The sharpest change came in the year to January 2021, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Health Care 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 IA. Charities of a similar size with the same main cause include The Association for Choices in Cmnty SPPRTS Emplmnt SVCS N J Inc ($51.1m), Cabrini of Westchester ($51.2m) and Project Hospitality Inc ($51.1m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $1.2m (2.4% of expenses). Other salaries and wages came to $26.5m. At year end it held assets of $41.1m against liabilities of $7.5m, net assets of $33.6m. It reported 486 employees.