Peninsula Community Health Services

Analysis

Peninsula Community Health Services is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in May 1993, 33 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 December 2023, Peninsula Community Health Services reported income of $56.0m and spending of $54.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.9m to $56.0m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peninsula Community Health Services sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Parkinsons Foundation Inc ($56.0m), Thedacare Medical Center-Berlin Inc ($56.0m) and DKMS ($55.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $2.7m (4.9% of expenses). Other salaries and wages came to $28.1m. At year end it held assets of $88.9m against liabilities of $18.8m, net assets of $70.1m. It reported 508 employees.