Primary Health Care Inc

Analysis

Primary Health Care Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover health care, 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 June 2023, Primary Health Care Inc reported income of $60.5m and spending of $59.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $42.3m to $60.5m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Primary Health Care Inc sits at the 94th percentile: it is larger than about 94% of them. 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 Hackensack Meridian Health Inc ($60.5m), Valley-Wide Health Systems Inc ($60.6m) and Community Health Systems Inc ($60.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $1.0m (1.7% of expenses). Other salaries and wages came to $23.5m. It paid $2,206 in professional fundraising fees. At year end it held assets of $34.4m against liabilities of $11.6m, net assets of $22.8m. It reported 550 employees.