Ely Community Health Center

Analysis

Ely Community Health Center is a registered charity in United States, based in Ely, MN. It received its IRS tax-exemption ruling in October 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).

In the financial year ending December 2023, Ely Community Health Center reported income of $239k and spending of $127k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $239k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ely Community Health Center sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include The Healing Net Foundation ($239k), Honor Connor Inc ($239k) and Child Guidance Foundation Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $82k (65% of expenses). At year end it held assets of $348k against liabilities of $75k, net assets of $273k. It reported 1 employees.