Psea Health Care
EIN: 233042741 · Plymouth Mtng, PA · NTEE: J40
Is Psea Health Care Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Psea Health Care
Psea Health Care (EIN: 233042741) is a nonprofit organization based in Plymouth Mtng, PA, classified under NTEE code J40. The organization reported total revenue of $6.6M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Psea Health Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Psea Health Care is a mid-size nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $4.8M |
| Surplus / Deficit | +$134K |
| Total Assets | $3.1M |
| Total Liabilities | $187K |
| Net Assets | $2.9M |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Psea Health Care reported a surplus of $134K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Psea Health Care's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | -5.4% | +5.1% |
| 2022 | +3.8% | +20.0% | -3.9% |
| 2021 | -3.0% | -5.3% | +20.9% |
| 2020 | -9.8% | +10.8% | +20.3% |
| 2019 | +12.6% | -5.7% | +183.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Psea Health Care has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Psea Health Care with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $134K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.0%.
Frequently Asked Questions about Psea Health Care
Is Psea Health Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Psea Health Care (EIN: 233042741) insufficient data. 0 red flags identified, 0 strengths noted.
How does Psea Health Care spend its money?
Detailed spending breakdown data is not yet available for Psea Health Care. Check back for updated IRS 990 analysis.
Are donations to Psea Health Care tax-deductible?
Psea Health Care is registered as a tax-exempt nonprofit (EIN: 233042741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Psea Health Care showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Psea Health Care's revenue has grown by 99.2%, moving from $2.5M to $4.9M. Total assets increased by 612.5% over the same period, from $438K to $3.1M. Total functional expenses rose by 91.8%, from $2.5M to $4.8M. In its most recent filing year (2023), Psea Health Care reported a surplus of $134K, with revenue exceeding expenses. The organization holds $187K in liabilities against $3.1M in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $4.8M | $3.1M | $187K | — | View 990 |
| 2022 | $4.9M | $5.1M | $3.0M | $173K | — | View 990 |
| 2021 | $4.7M | $4.2M | $3.1M | $107K | — | View 990 |
| 2020 | $4.9M | $4.5M | $2.6M | $83K | — | — |
| 2019 | $5.4M | $4.0M | $2.1M | $57K | — | View 990 |
| 2018 | $4.8M | $4.3M | $749K | $44K | — | View 990 |
| 2017 | $3.7M | $4.1M | $588K | $397K | — | View 990 |
| 2016 | $3.1M | $3.3M | $511K | $96K | — | View 990 |
| 2015 | $3.0M | $2.9M | $661K | $51K | — | View 990 |
| 2014 | $2.7M | $2.7M | $606K | $62K | — | View 990 |
| 2013 | $2.6M | $2.4M | $548K | $53K | — | View 990 |
| 2012 | $2.5M | $2.5M | $438K | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $4.8M, and assets of $3.1M (revenue +0.7% year-over-year).
- 2022: Revenue of $4.9M, expenses of $5.1M, and assets of $3.0M (revenue +3.8% year-over-year).
- 2021: Revenue of $4.7M, expenses of $4.2M, and assets of $3.1M (revenue -3.0% year-over-year).
- 2020: Revenue of $4.9M, expenses of $4.5M, and assets of $2.6M (revenue -9.8% year-over-year).
- 2019: Revenue of $5.4M, expenses of $4.0M, and assets of $2.1M (revenue +12.6% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.3M, and assets of $749K (revenue +30.2% year-over-year).
- 2017: Revenue of $3.7M, expenses of $4.1M, and assets of $588K (revenue +18.2% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.3M, and assets of $511K (revenue +4.8% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $661K (revenue +9.1% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $606K (revenue +5.3% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.4M, and assets of $548K (revenue +4.5% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.5M, and assets of $438K.
Data Sources and Methodology
This transparency report for Psea Health Care 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.