Camcare Health Corp
Camcare Health Corp: Navigating Financial Shifts Amidst Community Health Focus
EIN: 222192716 · Camden, NJ · NTEE: E32Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $30.1M |
| Total Expenses | $34.5M |
| Program Spending | 85% |
| Net Assets | $15.8M |
| Transparency Score | 75/100 |
Is Camcare Health Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camcare Health Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camcare Health Corp
Camcare Health Corp (EIN: 222192716) is a nonprofit organization based in Camden, NJ, classified under NTEE code E32Z. The organization reported total revenue of $30.1M and total assets of $17.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camcare Health Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camcare Health Corp is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32.8M |
| Total Expenses | $34.5M |
| Surplus / Deficit | $-1,657,080 |
| Total Assets | $19.9M |
| Total Liabilities | $4.2M |
| Net Assets | $15.8M |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Camcare Health Corp reported a deficit of $1.7M with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Camcare Health Corp's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.0% | +1.9% | -6.8% |
| 2022 | +14.4% | +11.3% | +12.3% |
| 2021 | +30.5% | +22.9% | +11.8% |
| 2020 | -0.4% | -4.4% | +15.0% |
| 2019 | +5.2% | -8.3% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Camcare Health Corp with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Camcare Health Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.9%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the summary data, preventing a specific assessment of individual salaries. However, the overall administrative spending appears to be a reasonable portion of total expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Camcare Health Corp's IRS 990 filings:
- Total expenses ($34,490,498 in 2023) exceeded total revenue ($32,833,418) in the most recent filing, indicating a deficit for the year.
Strengths
The following positive indicators were identified for Camcare Health Corp:
- Consistent revenue generation over several years, with total revenue exceeding $23 million annually since 2016.
- Strong asset base, with total assets consistently above $14 million, providing financial stability.
- Low administrative and fundraising overhead based on general spending patterns, suggesting efficient use of funds for programs.
Frequently Asked Questions about Camcare Health Corp
Is Camcare Health Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Camcare Health Corp (EIN: 222192716) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Camcare Health Corp spend its money?
Camcare Health Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Camcare Health Corp tax-deductible?
Camcare Health Corp is registered as a tax-exempt nonprofit (EIN: 222192716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Camcare Health Corp's spending goes to programs?
Camcare Health Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Camcare Health Corp compare to similar nonprofits?
With a transparency score of 75/100 (Good), Camcare Health Corp is above average for NTEE category E32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Camcare Health Corp located?
Camcare Health Corp is headquartered in Camden, New Jersey and files with the IRS under EIN 222192716. It is classified under NTEE code E32Z.
How many years of IRS 990 filings does Camcare Health Corp have?
Camcare Health Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $30.1M in total revenue.
What does Camcare Health Corp do?
Camcare Health Corp is a nonprofit organization in the Health Care sector, located in Camden, New Jersey. It is classified under NTEE code E32Z.
How much revenue does Camcare Health Corp have?
Camcare Health Corp reported total revenue of $30,062,352. Based on 13 IRS 990 filings on record.
What are Camcare Health Corp's total assets?
Camcare Health Corp holds total assets of $17,051,199 as reported in IRS 990 filings.
Where is Camcare Health Corp located?
Camcare Health Corp is based in Camden, New Jersey.
What is Camcare Health Corp's EIN?
Camcare Health Corp's Employer Identification Number (EIN) is 222192716. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Camcare Health Corp?
Camcare Health Corp is classified under NTEE code E32Z (Health Care).
Is Camcare Health Corp a registered 501(c)(3)?
Yes, Camcare Health Corp is recognized as a tax-exempt organization by the IRS. EIN: 222192716.
Does Camcare Health Corp file IRS Form 990?
Yes, Camcare Health Corp has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Camcare Health Corp's revenue in 2023?
In the 202312 filing period, Camcare Health Corp reported total revenue of $32,833,418, total expenses of $34,490,498, and net assets of $19,947,455.
Is Camcare Health Corp's revenue growing or declining?
Camcare Health Corp's revenue is declining. Revenue went from $38,182,806 (202212) to $32,833,418 (202312), a -14.0% change. Based on 13 filings on record.
What is Camcare Health Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Camcare Health Corp covers tax period 202312. It shows revenue of $32,833,418, expenses of $34,490,498, total assets of $19,947,455, and liabilities of $4,165,007.
How much does Camcare Health Corp spend on programs vs administration?
Based on IRS 990 analysis, Camcare Health Corp allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Camcare Health Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Camcare Health Corp appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Camcare Health Corp?
The following concerns were identified: Total expenses ($34,490,498 in 2023) exceeded total revenue ($32,833,418) in the most recent filing, indicating a deficit for the year.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Camcare Health Corp's strengths?
Positive indicators for Camcare Health Corp include: Consistent revenue generation over several years, with total revenue exceeding $23 million annually since 2016.. Strong asset base, with total assets consistently above $14 million, providing financial stability.. Low administrative and fundraising overhead based on general spending patterns, suggesting efficient use of funds for programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Camcare Health Corp compensate executives?
Executive compensation details are not explicitly provided in the summary data, preventing a specific assessment of individual salaries. However, the overall administrative spending appears to be a reasonable portion of total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the recent deficit in 2023 where expenses ($34,490,498) surpassed revenue ($32,833,418), what strategies is Camcare Health Corp implementing to return to a surplus and ensure long-term financial sustainability?
While the provided data shows a deficit in 2023, the organization has historically managed its finances effectively. Potential strategies could include diversifying funding sources, optimizing operational efficiencies, or adjusting program offerings to align with available resources. Further detailed financial statements would be needed to identify specific actions.
Filing History
IRS 990 filing history for Camcare Health Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camcare Health Corp's revenue has grown by 52%, moving from $21.6M to $32.8M. Total assets increased by 7.8% over the same period, from $18.5M to $19.9M. Total functional expenses rose by 66.9%, from $20.7M to $34.5M. In its most recent filing year (2023), Camcare Health Corp reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $4.2M in liabilities against $19.9M in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $15.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32.8M | $34.5M | $19.9M | $4.2M | — | — |
| 2022 | $38.2M | $33.8M | $21.4M | $3.9M | — | View 990 |
| 2021 | $33.4M | $30.4M | $19.1M | $5.9M | — | View 990 |
| 2020 | $25.6M | $24.7M | $17.1M | $6.9M | — | View 990 |
| 2019 | $25.7M | $25.9M | $14.8M | $5.5M | — | View 990 |
| 2018 | $24.4M | $28.2M | $15.3M | $5.8M | — | View 990 |
| 2017 | $23.9M | $24.9M | $17.3M | $4.0M | — | View 990 |
| 2016 | $24.0M | $23.8M | $18.9M | $4.7M | — | View 990 |
| 2015 | $22.9M | $23.0M | $18.6M | $4.6M | — | View 990 |
| 2014 | $23.5M | $23.1M | $19.2M | $5.1M | — | View 990 |
| 2013 | $22.6M | $22.1M | $18.8M | $5.2M | — | View 990 |
| 2012 | $22.2M | $21.5M | $18.6M | $5.4M | — | View 990 |
| 2011 | $21.6M | $20.7M | $18.5M | $6.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32.8M, expenses of $34.5M, and assets of $19.9M (revenue -14.0% year-over-year).
- 2022: Revenue of $38.2M, expenses of $33.8M, and assets of $21.4M (revenue +14.4% year-over-year).
- 2021: Revenue of $33.4M, expenses of $30.4M, and assets of $19.1M (revenue +30.5% year-over-year).
- 2020: Revenue of $25.6M, expenses of $24.7M, and assets of $17.1M (revenue -0.4% year-over-year).
- 2019: Revenue of $25.7M, expenses of $25.9M, and assets of $14.8M (revenue +5.2% year-over-year).
- 2018: Revenue of $24.4M, expenses of $28.2M, and assets of $15.3M (revenue +1.9% year-over-year).
- 2017: Revenue of $23.9M, expenses of $24.9M, and assets of $17.3M (revenue -0.4% year-over-year).
- 2016: Revenue of $24.0M, expenses of $23.8M, and assets of $18.9M (revenue +5.0% year-over-year).
- 2015: Revenue of $22.9M, expenses of $23.0M, and assets of $18.6M (revenue -2.7% year-over-year).
- 2014: Revenue of $23.5M, expenses of $23.1M, and assets of $19.2M (revenue +4.3% year-over-year).
- 2013: Revenue of $22.6M, expenses of $22.1M, and assets of $18.8M (revenue +1.5% year-over-year).
- 2012: Revenue of $22.2M, expenses of $21.5M, and assets of $18.6M (revenue +2.9% year-over-year).
- 2011: Revenue of $21.6M, expenses of $20.7M, and assets of $18.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camcare Health Corp:
Data Sources and Methodology
This transparency report for Camcare Health Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.