Healthcare Commons Inc
Healthcare Commons Inc: Steady Revenue, Program Focus, and Transparency Gaps
EIN: 222530962 · Carneys Point, NJ · NTEE: F30Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $7.8M |
| Program Spending | 85% |
| Net Assets | $2.6M |
| Transparency Score | 75/100 |
Is Healthcare Commons Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Healthcare Commons Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Healthcare Commons Inc
Healthcare Commons Inc (EIN: 222530962) is a nonprofit organization based in Carneys Point, NJ, classified under NTEE code F30Z. The organization reported total revenue of $8.6M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healthcare Commons Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healthcare Commons Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $7.8M |
| Surplus / Deficit | +$627K |
| Total Assets | $5.4M |
| Total Liabilities | $2.8M |
| Net Assets | $2.6M |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 51.1% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2024, Healthcare Commons Inc reported a surplus of $627K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 51.1% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Healthcare Commons Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.5% | -3.7% | +19.2% |
| 2023 | +17.8% | +28.1% | -10.3% |
| 2022 | -7.7% | +9.6% | +15.4% |
| 2021 | +12.7% | -4.5% | +25.6% |
| 2020 | -2.1% | -13.4% | +38.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Healthcare Commons Inc 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, Healthcare Commons Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $627K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.1%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the available data, preventing a specific assessment of individual salaries or benefits.
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 Healthcare Commons Inc's IRS 990 filings:
- Lack of detailed program expense breakdown in available filings makes it challenging to fully understand the impact of the $7,836,465 in expenses for 2024.
- Limited public transparency on executive compensation and specific program spending beyond aggregated figures.
Strengths
The following positive indicators were identified for Healthcare Commons Inc:
- Consistent revenue generation, with 2024 reporting $8,463,840, indicating stable operations.
- Positive net assets, growing from $2,516,824 in 2019 to $5,400,786 in 2024, demonstrating financial health.
- Low fundraising costs, suggesting efficient resource allocation towards mission-related activities.
Frequently Asked Questions about Healthcare Commons Inc
Is Healthcare Commons Inc a legitimate charity?
Healthcare Commons Inc (EIN: 222530962) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.6M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Healthcare Commons Inc spend its money?
Healthcare Commons Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Healthcare Commons Inc tax-deductible?
Healthcare Commons Inc is registered as a tax-exempt nonprofit (EIN: 222530962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Healthcare Commons Inc's spending goes to programs?
Healthcare Commons Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Healthcare Commons Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Healthcare Commons Inc is above average for NTEE category F30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Healthcare Commons Inc located?
Healthcare Commons Inc is headquartered in Carneys Point, New Jersey and files with the IRS under EIN 222530962. It is classified under NTEE code F30Z.
How many years of IRS 990 filings does Healthcare Commons Inc have?
Healthcare Commons Inc 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 $8.6M in total revenue.
What does Healthcare Commons Inc do?
Healthcare Commons Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Carneys Point, New Jersey. It is classified under NTEE code F30Z.
How much revenue does Healthcare Commons Inc have?
Healthcare Commons Inc reported total revenue of $8,560,168. Based on 13 IRS 990 filings on record.
What are Healthcare Commons Inc's total assets?
Healthcare Commons Inc holds total assets of $4,084,735 as reported in IRS 990 filings.
Where is Healthcare Commons Inc located?
Healthcare Commons Inc is based in Carneys Point, New Jersey.
What is Healthcare Commons Inc's EIN?
Healthcare Commons Inc's Employer Identification Number (EIN) is 222530962. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Healthcare Commons Inc?
Healthcare Commons Inc is classified under NTEE code F30Z (Mental Health & Crisis Intervention).
Is Healthcare Commons Inc a registered 501(c)(3)?
Yes, Healthcare Commons Inc is recognized as a tax-exempt organization by the IRS. EIN: 222530962.
Does Healthcare Commons Inc file IRS Form 990?
Yes, Healthcare Commons Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Healthcare Commons Inc's revenue in 2024?
In the 202406 filing period, Healthcare Commons Inc reported total revenue of $8,463,840, total expenses of $7,836,465, and net assets of $5,400,786.
Is Healthcare Commons Inc's revenue growing or declining?
Healthcare Commons Inc's revenue is relatively stable. Revenue went from $8,095,804 (202306) to $8,463,840 (202406), a +4.5% change. Based on 13 filings on record.
What is Healthcare Commons Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Healthcare Commons Inc covers tax period 202406. It shows revenue of $8,463,840, expenses of $7,836,465, total assets of $5,400,786, and liabilities of $2,761,388.
How much does Healthcare Commons Inc spend on programs vs administration?
Based on IRS 990 analysis, Healthcare Commons Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Healthcare Commons Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Healthcare Commons Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Healthcare Commons Inc?
The following concerns were identified: Lack of detailed program expense breakdown in available filings makes it challenging to fully understand the impact of the $7,836,465 in expenses for 2024.. Limited public transparency on executive compensation and specific program spending beyond aggregated figures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Healthcare Commons Inc's strengths?
Positive indicators for Healthcare Commons Inc include: Consistent revenue generation, with 2024 reporting $8,463,840, indicating stable operations.. Positive net assets, growing from $2,516,824 in 2019 to $5,400,786 in 2024, demonstrating financial health.. Low fundraising costs, suggesting efficient resource allocation towards mission-related activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Healthcare Commons Inc compensate executives?
Executive compensation details are not explicitly provided in the available data, preventing a specific assessment of individual salaries or benefits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Healthcare Commons Inc. ensure that its administrative and fundraising expenses, which appear to be a small percentage of total expenses, are sufficient to support effective oversight and donor engagement?
While the provided data doesn't detail specific administrative and fundraising line items, the overall expense structure suggests a lean operational model. To ensure sufficiency, the organization likely leverages volunteer support, in-kind donations, or highly efficient internal processes for these functions, allowing a greater proportion of funds to be directed towards programs.
Given the consistent revenue and asset growth, what specific strategies has Healthcare Commons Inc. implemented to achieve this financial stability and expansion over the past five years?
The consistent growth in revenue from $6,747,989 in 2019 to $8,463,840 in 2024, and assets from $2,516,824 to $5,400,786, suggests effective program delivery leading to sustained funding, potentially through strong grant writing, successful service contracts, or a loyal donor base. Further details would require examining their strategic plans or annual reports.
Filing History
IRS 990 filing history for Healthcare Commons Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Healthcare Commons Inc's revenue has grown by 41%, moving from $6.0M to $8.5M. Total assets increased by 97% over the same period, from $2.7M to $5.4M. Total functional expenses rose by 30.3%, from $6.0M to $7.8M. In its most recent filing year (2024), Healthcare Commons Inc reported a surplus of $627K, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $5.4M in assets (debt-to-asset ratio: 51.1%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8.5M | $7.8M | $5.4M | $2.8M | — | View 990 |
| 2023 | $8.1M | $8.1M | $4.5M | $2.4M | — | View 990 |
| 2022 | $6.9M | $6.4M | $5.0M | $2.7M | — | View 990 |
| 2021 | $7.4M | $5.8M | $4.4M | $2.5M | — | View 990 |
| 2020 | $6.6M | $6.1M | $3.5M | $3.3M | — | View 990 |
| 2019 | $6.7M | $7.0M | $2.5M | $2.8M | — | View 990 |
| 2018 | $6.2M | $6.4M | $2.6M | $2.7M | — | — |
| 2017 | $7.1M | $6.9M | $2.6M | $2.5M | — | View 990 |
| 2016 | $6.6M | $6.8M | $2.6M | $2.7M | — | View 990 |
| 2015 | $6.6M | $6.5M | $2.8M | $2.7M | — | View 990 |
| 2014 | $6.1M | $6.2M | $2.8M | $2.9M | — | View 990 |
| 2013 | $5.7M | $6.0M | $2.8M | $2.7M | — | View 990 |
| 2012 | $6.0M | $6.0M | $2.7M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.5M, expenses of $7.8M, and assets of $5.4M (revenue +4.5% year-over-year).
- 2023: Revenue of $8.1M, expenses of $8.1M, and assets of $4.5M (revenue +17.8% year-over-year).
- 2022: Revenue of $6.9M, expenses of $6.4M, and assets of $5.0M (revenue -7.7% year-over-year).
- 2021: Revenue of $7.4M, expenses of $5.8M, and assets of $4.4M (revenue +12.7% year-over-year).
- 2020: Revenue of $6.6M, expenses of $6.1M, and assets of $3.5M (revenue -2.1% year-over-year).
- 2019: Revenue of $6.7M, expenses of $7.0M, and assets of $2.5M (revenue +8.1% year-over-year).
- 2018: Revenue of $6.2M, expenses of $6.4M, and assets of $2.6M (revenue -12.4% year-over-year).
- 2017: Revenue of $7.1M, expenses of $6.9M, and assets of $2.6M (revenue +7.7% year-over-year).
- 2016: Revenue of $6.6M, expenses of $6.8M, and assets of $2.6M (revenue -0.2% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.5M, and assets of $2.8M (revenue +9.0% year-over-year).
- 2014: Revenue of $6.1M, expenses of $6.2M, and assets of $2.8M (revenue +6.2% year-over-year).
- 2013: Revenue of $5.7M, expenses of $6.0M, and assets of $2.8M (revenue -4.6% year-over-year).
- 2012: Revenue of $6.0M, expenses of $6.0M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healthcare Commons Inc:
Data Sources and Methodology
This transparency report for Healthcare Commons Inc 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.