Center for Health Equity Inc

Analysis

Center for Health Equity Inc is a registered charity in United States, based in Quincy, FL. It received its IRS tax-exemption ruling in August 2001, 25 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 June 2023, Center for Health Equity Inc reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $842k to $1.3m (+57%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Health Equity Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Amani Global Works ($1.3m), Glendale Memorial Health Foundation ($1.3m) and Epilepsy Foundation Central and South Texas ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $207k (16% of expenses). Other salaries and wages came to $541k. At year end it held assets of $599k against liabilities of $51k, net assets of $548k. It reported 16 employees.