Florida Community Health Centers Inc

Analysis

Florida Community Health Centers Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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 March 2024, Florida Community Health Centers Inc reported income of $48.1m and spending of $48.3m, spending 100% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $37.1m to $48.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to March 2023, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Community Health Centers 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 FL. Charities of a similar size with the same main cause include Lifeshare Blood Center ($48.0m), Caringhouse Projects Incorporated ($48.1m) and Good Shepherd Hospice ($48.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $548k (1.1% of expenses). Other salaries and wages came to $25.3m. At year end it held assets of $43.8m against liabilities of $6.3m, net assets of $37.5m. It reported 548 employees.