Community Healthcare Resources

Analysis

Community Healthcare Resources is a registered charity in United States, based in Bettendorf, IA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover health care, 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, Community Healthcare Resources reported income of $540k and spending of $509k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $347k to $540k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Healthcare Resources sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include Greater Louisville Medical Society Foundation Inc ($540k), Determined2heal Foundation Inc ($540k) and Tupper Lake Volunteer Ambulance & Emergency Squad Inc ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (2.1% of expenses). Other salaries and wages came to $421k. At year end it held assets of $91k against liabilities of $50k, net assets of $40k. It reported 41 employees.