Capital Area Health Consortium Inc

Analysis

Capital Area Health Consortium Inc is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in September 1975, 51 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Capital Area Health Consortium Inc reported income of $68.3m and spending of $68.3m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $57.7m to $68.3m (+18%), an average of +4.3% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capital Area Health Consortium Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Area Agency of Aging District 7 Inc ($68.3m), Ufw Foundation ($68.4m) and Menlo School ($68.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $53.9m. At year end it held assets of $7.0m against liabilities of $6.4m, net assets of $618k. It reported 1,048 employees.