Preston-Taylor Community Health Centers Incorporated

Analysis

Preston-Taylor Community Health Centers Incorporated is a registered charity in United States, based in Grafton, WV. It received its IRS tax-exemption ruling in December 1986, 40 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 May 2023, Preston-Taylor Community Health Centers Incorporated reported income of $13.9m and spending of $12.3m, spending 88% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $7.8m to $13.9m (+79%), an average of +21% a year. The sharpest change came in the year to May 2021, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Preston-Taylor Community Health Centers Incorporated 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 95th percentile within WV. Charities of a similar size with the same main cause include Redwoods Rural Health Center Inc ($13.9m), Benefis Community Hospitals Inc ($14.0m) and Reverence for Life & Concern for People Inc ($13.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $14.7m against liabilities of $934k, net assets of $13.7m. It reported 113 employees.