Courage Medicine Health Center Inc

Analysis

Courage Medicine Health Center Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Courage Medicine Health Center Inc reported income of $1.9m and spending of $1.9m, spending 98% of its income. Across the 4 years on record, from June 2021 to June 2023, income grew from $486k to $1.9m (+288%), an average of +57% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Courage Medicine Health Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Faith Friendship Ministries Inc ($1.9m), University of Maryland Midtown Health Inc ($1.9m) and Marshall County Ems District ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $439k (24% of expenses). Other salaries and wages came to $789k. At year end it held assets of $1.1m against liabilities of $715k, net assets of $380k. It reported 24 employees.