Innovative Health Care Services

Analysis

Innovative Health Care Services is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Innovative Health Care Services reported income of $918k and spending of $902k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $802k to $918k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Innovative Health Care Services sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Meals on Wheels ($918k), Gateway Family Services Inc ($918k) and Westport Weston Family YMCA Foundation Inc ($918k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 39% of the total. Other salaries and wages came to $589k. At year end it held assets of $985k against liabilities of $547k, net assets of $438k. It reported 19 employees.