Comcare Inc

Analysis

Comcare Inc is a registered charity in United States, based in Greeneville, TN. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2024, Comcare Inc reported income of $11.6m and spending of $12.9m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $10.2m to $11.6m (+14%), an average of +3.3% a year. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Comcare Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Visiting Nurse and Health Services ($11.6m), Aldersgate Healthcare Inc ($11.6m) and Sibley Memorial Hospital Foundation ($11.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 96% of the total. Other salaries and wages came to $8.9m. At year end it held assets of $7.9m against liabilities of $1.8m, net assets of $6.2m. It reported 208 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.