Commonwealth Clinical Alliance Inc

Analysis

Commonwealth Clinical Alliance Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2004, 22 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), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Commonwealth Clinical Alliance Inc reported income of $63.0m and spending of $63.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $39.1m to $63.0m (+61%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 130%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Commonwealth Clinical Alliance Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Riverview Healthcare Association ($63.0m), Beebe Physican Network Inc ($63.0m) and Versiti Illinois Inc ($63.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $45.9m. At year end it held assets of $278.7m against liabilities of $263.7m, net assets of $15.0m.