Convergence Integrated Care

Analysis

Convergence Integrated Care is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Convergence Integrated Care reported income of $584k and spending of $767k, spending 131% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $416k to $584k (+40%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Convergence Integrated Care sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Family Hope House Inc ($584k), Kern County Cancer Foundation ($584k) and Health Research Alliance Inc ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Other salaries and wages came to $139k. At year end it held assets of $748k against liabilities of $13k, net assets of $734k. It reported 3 employees.