Community Care of North Carolina Inc

Analysis

Community Care of North Carolina Inc is a registered charity in United States, based in Garner, NC. 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 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, Community Care of North Carolina Inc reported income of $216.2m and spending of $205.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.8m to $216.2m (+739%), an average of +70% a year. The sharpest change came in the year to June 2021, when income rose by 461%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Care of North Carolina Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NC. Charities of a similar size with the same main cause include Simi Valley Hospital and Health Care Services ($216.1m), Big Bend Community Based Care Inc ($217.3m) and Georgetown Memorial Hospital ($215.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $3.1m (1.5% of expenses). Other salaries and wages came to $37.8m. At year end it held assets of $98.2m against liabilities of $45.2m, net assets of $53.0m. It reported 607 employees.