Fredericksburg Community Health Ctr

Analysis

Fredericksburg Community Health Ctr is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in April 2002, 24 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, Fredericksburg Community Health Ctr reported income of $2.8m and spending of $2.2m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.8m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fredericksburg Community Health Ctr sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Rad-Aid International Inc ($2.8m), Bristol Hospital and Health Care Group Inc ($2.8m) and Community Pathways ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $125k (5.7% of expenses). At year end it held assets of $3.4m against liabilities of $130k, net assets of $3.3m. It reported 21 employees.