EHealth CareEIN: 061416492· Ruling Year: 1995

First Choice Health Centers Inc

East Hartford, Connecticut

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.42×
Peer Median8.62×
💰
$21.0M
Total Revenue
📊
$21.8M
Total Expenses
🏦
$9.1M
Net Assets
📋
$5.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.6%
Year-over-year change (2022 → 2023)
Net Margin
-4.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.42
Net assets divided by total expenses
Liabilities-to-Assets
35.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,959,4872%$21,821,58510%$14,212,2449%
2022$20,633,71815%$19,896,68718%$13,085,294
2021$17,922,5735%$16,888,8131%$13,089,21514%
2020$17,051,0431%$16,720,4472%$11,485,2939%
2019$16,859,9475%$16,328,8733%$10,511,6512%
2018$16,023,8155%$15,814,3792%$10,333,7973%
2017$16,779,59215%$16,166,63113%$10,012,29721%
2016$14,595,25814%$14,276,51615%$8,299,8703%
2015$12,751,6884%$12,370,2289%$8,056,0282%
2014$12,213,95817%$11,328,71716%$8,203,25520%
2013$10,416,5716%$9,801,3927%$6,854,93217%
2012$9,873,1394%$10,523,26511%$5,868,7567%
2011$9,526,736$9,490,788$6,316,284

Frequently Asked Questions

What does First Choice Health Centers Inc do?

First Choice Health Centers Inc is a health care nonprofit organization based in Connecticut. It is classified under NTEE code E32 and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Choice Health Centers Inc financially healthy?

Based on our 9-metric Financial Health Score model, First Choice Health Centers Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does First Choice Health Centers Inc generate?

First Choice Health Centers Inc reports $20.1M in annual revenue and holds $11.8M in total assets, based on IRS filings.

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