Well Care Community Health Inc

Analysis

Well Care Community Health Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in December 2019, 7 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, Well Care Community Health Inc reported income of $8.6m and spending of $8.9m, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $4.4m to $8.6m (+93%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Well Care Community Health Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Chemical Addictions Recovery Effort Inc ($8.6m), Centrastate Healthcare Foundation ($8.6m) and Providence Health Services Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $588k (6.6% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $4.3m against liabilities of $2.3m, net assets of $2.0m. It reported 111 employees.