Community Health and Wellness Center of Miami Inc

Analysis

Community Health and Wellness Center of Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2022, Community Health and Wellness Center of Miami Inc reported income of $4.3m and spending of $7.6m, spending 177% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $6.7m to $4.3m (-36%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health and Wellness Center of Miami Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include The Menopause Society ($4.3m), Mercy House Teen Challenge ($4.3m) and Florida Hospital Waterman Foundation Inc ($4.3m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $735k (9.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.0m against liabilities of $2.6m, net assets of -$659k. It reported 75 employees.