Cleco Primary Care Network

Analysis

Cleco Primary Care Network is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Cleco Primary Care Network reported income of $1.7m and spending of $1.7m, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.3m to $1.7m (-50%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cleco Primary Care Network sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Acknowledge Alliance ($1.7m), Childrens Mental Health Service Reach ($1.7m) and Wilkes Dental Consortium ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $70k (4.0% of expenses). Other salaries and wages came to $939k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 40 employees.