Community Health Corporation

Analysis

Community Health Corporation is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in May 1987, 39 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, Community Health Corporation reported income of $12.4m and spending of $12.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $12.4m (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 148%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Neighborhood Health Association of Toledo Inc ($12.4m), Planned Parenthood Great Plains ($12.4m) and Sunrise Clinics ($12.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $20.3m against liabilities of $4.5m, net assets of $15.7m.