Carolina Health Centers Inc

Analysis

Carolina Health Centers Inc is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in May 1978, 48 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, Carolina Health Centers Inc reported income of $34.2m and spending of $33.5m, spending 98% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $25.8m to $34.2m (+32%), an average of +9.8% a year. The sharpest change came in the year to May 2022, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carolina Health Centers Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within SC. Charities of a similar size with the same main cause include H Lee Moffitt Cancer Center and Research Institute Foundation Inc ($34.2m), Southwest Network ($34.2m) and Carlos G Otis Health Care Center Inc ($34.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 23% and program service revenue 45% of the total. Other salaries and wages came to $20.6m. At year end it held assets of $25.5m against liabilities of $7.0m, net assets of $18.5m. It reported 374 employees.