Mascoma Community Healthcare Inc

Analysis

Mascoma Community Healthcare Inc is a registered charity in United States, based in Canaan, NH. It received its IRS tax-exemption ruling in March 2023, 3 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 March 2024, Mascoma Community Healthcare Inc reported income of $878k and spending of $1.2m, spending 138% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income fell from $1.5m to $878k (-40%), an average of -9.7% a year. The sharpest change came in the year to March 2024, when income dropped by 48%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mascoma Community Healthcare Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within NH. Charities of a similar size with the same main cause include Cheerful Helpers Child and Family Study Center Inc ($878k), Great Lakes Dryhootch ($878k) and Kourage Health Inc ($878k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 49% and program service revenue 48% of the total. Other salaries and wages came to $662k. At year end it held assets of $2.7m against liabilities of $4.3m, net assets of -$1.6m. It reported 19 employees.