St Charles Care Center Inc

Analysis

St Charles Care Center Inc is a registered charity in United States, based in Covington, KY. It received its IRS tax-exemption ruling in March 1946, 80 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 March 2024, St Charles Care Center Inc reported income of $7.7m and spending of $6.5m, spending 84% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $7.1m to $7.7m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to March 2022, when income rose by 33%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Charles Care Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Central and Northern Florida Inc ($7.7m), Anatomic Gift Foundation Inc ($7.7m) and Health Centers Detroit Foundation Inc ($7.7m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.7% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $442k (6.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $58.2m against liabilities of $2.6m, net assets of $55.6m. It reported 148 employees.