Family Healthcare Network
Analysis
Family Healthcare Network is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in January 1979, 47 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 June 2022, Family Healthcare Network reported income of $260.7m and spending of $226.3m, spending 87% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $186.0m to $260.7m (+40%), an average of +12% a year. Over the whole period it spent 91% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Healthcare Network sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include The Griffin Hospital ($260.5m), Hospital Auxilio Mutuo Inc ($260.7m) and Weill Cornell Imaging at New York-Presbyterian ($260.1m).
On its Form 990 for the period ending June 2022, revenue came from contributions and grants 16% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $4.6m (2.1% of expenses). Other salaries and wages came to $108.2m. At year end it held assets of $252.5m against liabilities of $93.6m, net assets of $158.9m. It reported 2,012 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 79%
- Other 4.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Griffin Hospital | Derby | $260.5m |
| Hospital Auxilio Mutuo Inc | San Juan | $260.7m |
| Weill Cornell Imaging at New York-Presbyterian | New York | $260.1m |
| Care Initiatives | WDM | $261.1m |