Gatorcare Health Management Corporation

Analysis

Gatorcare Health Management Corporation is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gatorcare Health Management Corporation reported income of $2.5m and spending of $1.9m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.5m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 133%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gatorcare Health Management Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include 550 Acoma Inc ($2.5m), Genetic Alliance Inc ($2.5m) and Alcohol-Drug Care Services Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 78% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.2m against liabilities of $1.4m, net assets of $2.8m. It reported 10 employees.