Ironbound Community Health Center Inc

Analysis

Ironbound Community Health Center Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Ironbound Community Health Center Inc reported income of $984k and spending of $987k, spending 100% of its income. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ironbound Community Health Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Living Springs Retreat Inc ($984k), Association of College and University Auditors Robert T Tuffn ($984k) and Roaring Fork Outdoor Volunteers ($984k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 41% of the total. Other salaries and wages came to $498k. At year end it held assets of $141k against liabilities of $141k, net assets of $144. It reported 13 employees.