Health Care
(E320)
IRS Verified
DX Registered
990 on File
HEALTH CARE NETWORK INC
Financial strength (30%)
63/100
Reliability (20%)
55/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Health Care Network’s mission is to provide free or low cost health care to residents of Racine County who have no health insurance and are of limited income (at or below 250% of the poverty level). This care is made possible through the volunteer efforts of over 250 physicians, dentists, and other health care professionals.
Financial Overview — FY 2025
$1.5M
Total Revenue
$1.2M
Total Expenses
$5.6M
Net Assets
13
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
63.1%
Fundraising Efficiency
97.2%
Operating Reserve
57.56x
Liability-to-Asset
8.4%
Revenue Diversification
83.6%
Executive Compensation
$127K
Compared with Peers
FY 2025
Compared with 1,311 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
63.1% | 84.6% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
32.9% | 12.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
97.2% | 124.6% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
57.6 mo | 10.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.4% | 11.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.6% | 90.0% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
23.9% | 3.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.5M | $1.2M | $5.6M | 63.1% | 13 |
| 2023 | $1.3M | $1.2M | $4.9M | 71.5% | 23 |
| 2022 | $1.4M | $1.0M | $4.7M | 72.4% | 19 |
| 2021 | $903K | $925K | N/A | — | 17 |
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