The Center to Promote Healthcare Access Inc

Analysis

The Center to Promote Healthcare Access Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, The Center to Promote Healthcare Access Inc reported income of $7.7m and spending of $6.9m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $30.2m to $7.7m (-75%), an average of -29% a year. The sharpest change came in the year to June 2022, when income dropped by 84%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Center to Promote Healthcare Access Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include C R L a Foundation ($7.7m), Foundation for Human Enrichment Dba Somatic Experiencing Intl ($7.7m) and Apex Community Care Inc ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $451k (6.5% of expenses). Other salaries and wages came to $2.7m. It paid $149k in professional fundraising fees. At year end it held assets of $3.7m against liabilities of $937k, net assets of $2.7m. It reported 87 employees.