Family Healthcare Center

Analysis

Family Healthcare Center is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in October 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Healthcare Center reported income of $25.9m and spending of $20.8m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.2m to $25.9m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Healthcare Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within ND. Charities of a similar size with the same main cause include Rural Health Services Inc ($25.9m), Integrity Inc ($25.9m) and Westridge School for Girls ($25.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.0m (5.0% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $27.5m against liabilities of $5.7m, net assets of $21.7m. It reported 210 employees.