Park Duvalle Community Health Center Inc

Analysis

Park Duvalle Community Health Center Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1968, 58 years ago. 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 December 2023, Park Duvalle Community Health Center Inc reported income of $27.8m and spending of $21.0m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.1m to $27.8m (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Park Duvalle Community Health Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include United Way of Central Iowa ($27.8m), Silicon Valley International School ($27.8m) and Young Men Christian Association of Western North Carolina ($27.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $1.0m (4.8% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $31.4m against liabilities of $4.1m, net assets of $27.3m. It reported 264 employees.