Cape Cod Healthcare Inc

Analysis

Cape Cod Healthcare Inc is a registered charity in United States, based in Hyannis, MA. It received its IRS tax-exemption ruling in December 1985, 41 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cape Cod Healthcare Inc reported income of $1.09bn and spending of $1.06bn, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $987.3m to $1.09bn (+10%), an average of +2.5% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cape Cod Healthcare Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MA. Charities of a similar size with the same main cause include Newyork-Presbyterian-Queens ($1.08bn), Englewood Hospital and Medical Center a New Jersey Nonprofit Corp ($1.09bn) and Christus Santa Rosa Health Care Corporation ($1.08bn).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $3.9m (0.4% of expenses). Other salaries and wages came to $467.2m. It paid $43k in professional fundraising fees. At year end it held assets of $1.09bn against liabilities of $233.7m, net assets of $854.9m. It reported 5,384 employees.