Family Health Center

Analysis

Family Health Center is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Family Health Center reported income of $47.7m and spending of $44.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $40.7m to $47.7m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Health Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include St Bernard Hospital Foundation Inc ($47.6m), Hillcrest Family Health Center ($47.7m) and St Josephs Hospital of the Hospital Sisters of the Third Order of St F ($47.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $416k (0.9% of expenses). Other salaries and wages came to $20.1m. At year end it held assets of $59.5m against liabilities of $72.3m, net assets of -$12.8m. It reported 428 employees.