Care Resource Community Health Centers Inc

Analysis

Care Resource Community Health Centers Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Care Resource Community Health Centers Inc reported income of $119.8m and spending of $118.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $84.6m to $119.8m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Resource Community Health Centers Inc sits at the 96th percentile: it is larger than about 96% of them. 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 Winslow Indian Health Care Center Inc ($119.2m), Littleton Hospital Association ($119.8m) and J David Gladstone Institutes ($119.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $2.4m (2.0% of expenses). Other salaries and wages came to $23.5m. At year end it held assets of $96.3m against liabilities of $46.1m, net assets of $50.2m. It reported 416 employees.