Midtown Health Center Inc

Analysis

Midtown Health Center Inc is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in August 2001, 25 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 September 2023, Midtown Health Center Inc reported income of $13.3m and spending of $10.3m, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.9m to $13.3m (+95%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 40%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midtown Health Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NE. Charities of a similar size with the same main cause include Heritage Village Rehab & Skilled Nursing Inc ($13.3m), Health Access Network Inc ($13.4m) and Pathway Society Inc ($13.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $497k (4.8% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $15.2m against liabilities of $2.5m, net assets of $12.6m. It reported 118 employees.