# South Cove Community Health Ctr, Inc.

Health Center, MA
Page: https://astrelis.co/providers/health_center/221821  
This twin: https://astrelis.co/providers/health_center/221821.md  
CMS Certification Number (CCN): 221821  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2025)

- **Total patients (UDS) (FY2024):** 38,349. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 158,338. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 6. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 0.8%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -3.4%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $47.0M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +34.6%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center

## Audited financial statements (Federal Audit Clearinghouse)

Read from the FAC-11 template of the audited statements: every line, every ratio and every status column print as the template carries them, and no figure is withheld. A report's tie status says whether its statements foot; a ratio's plausibility status says whether it sits inside its possible range; a median of fewer than five values says so. The figures were not audited by Astrelis. Contract: https://astrelis.co/methodology/fqhc-audit-contract

### South Cove Community Health Center, Inc. and Affiliate, MA

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: normalized name and ZIP (FACLAND tier 2)).

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000396705
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000064937
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000022807

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 5,812,589 [derived, p.6] | 157,032,250 [derived, p.5] | 133,209,892 [derived, p.5] |
| patient receivables, net (Statement of financial position) | 2,648,978 [derived, p.6] | 3,156,021 [derived, p.5] | 2,510,562 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 680,753 [derived, p.6] | 943,672 [derived, p.5] | 489,615 [derived, p.5] |
| other current assets (Statement of financial position) | 448,464 [derived, p.6] | 491,599 [derived, p.5] | 373,112 [derived, p.5] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 9,590,784 [extracted, p.6] | 161,623,542 [extracted, p.5] | 136,583,181 [extracted, p.5] |
| property and equipment, net (Statement of financial position) | 29,802,591 [derived, p.6] | 30,347,174 [derived, p.5] | 29,675,917 [derived, p.5] |
| other long-term assets (Statement of financial position) | 181,777,497 [derived, p.6] | 890,757 [derived, p.5] | 32,724 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 221,170,872 [extracted, p.6] | 192,861,473 [extracted, p.5] | 166,291,822 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 7,438,164 [derived, p.6] | 7,417,334 [derived, p.5] | 6,998,017 [derived, p.5] |
| deferred revenue (Statement of financial position) | absent (not printed, or not read) | 1,345,053 [derived, p.5] | 990,810 [derived, p.5] |
| current debt and leases (Statement of financial position) | 132,896 [derived, p.6] | 160,498 [derived, p.5] | 18,336 [derived, p.5] |
| other current liabilities (Statement of financial position) | 367,576 [derived, p.6] | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 7,938,636 [extracted, p.6] | 8,922,885 [extracted, p.5] | 8,007,163 [extracted, p.5] |
| long-term debt and leases (Statement of financial position) | 371,373 [derived, p.6] | 488,592 [derived, p.5] | 14,388 [derived, p.5] |
| other long-term liabilities (Statement of financial position) | 22,700 [derived, p.6] | 22,700 [derived, p.5] | 3,500 [derived, p.5] |
| TOTAL LIABILITIES (Statement of financial position) | 8,332,709 [extracted, p.6] | 9,434,177 [extracted, p.5] | 8,025,051 [extracted, p.5] |
| net assets without donor restrictions (Statement of financial position) | 212,808,862 [derived, p.6] | 183,397,995 [derived, p.5] | 158,237,470 [derived, p.5] |
| net assets with donor restrictions (Statement of financial position) | 29,301 [derived, p.6] | 29,301 [derived, p.5] | 29,301 [derived, p.5] |
| TOTAL NET ASSETS (Statement of financial position) | 212,838,163 [extracted, p.6] | 183,427,296 [extracted, p.5] | 158,266,771 [extracted, p.5] |
| patient service revenue, net (Statement of activities) | 47,046,716 [derived, p.7] | 43,301,125 [derived, p.6] | 38,803,227 [derived, p.6] |
| pharmacy and 340B revenue (Statement of activities) | 12,857,834 [derived, p.7] | 5,377,120 [derived, p.6] | 3,273,320 [derived, p.6] |
| federal grants (Statement of activities) | 4,282,550 [derived, p.7] | 4,700,744 [derived, p.6] | 6,876,737 [derived, p.6] |
| other grants and contracts (Statement of activities) | 3,165,392 [derived, p.7] | 4,661,387 [derived, p.6] | 3,133,402 [derived, p.6] |
| contributions (Statement of activities) | 300,000 [derived, p.7] | 300,000 [derived, p.6] | 300,000 [derived, p.6] |
| other revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 67,652,492 [extracted, p.7] | 58,340,376 [extracted, p.6] | 52,386,686 [extracted, p.6] |
| salaries and benefits (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| supplies and pharmaceuticals (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| purchased and professional services (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| occupancy (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| depreciation and amortization (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| interest (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other expenses (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL EXPENSES (Statement of activities) | 46,175,872 [extracted, p.7] | 38,668,430 [extracted, p.6] | 35,400,774 [extracted, p.6] |
| OPERATING RESULT (Statement of activities) | 21,476,620 [extracted, p.7] | 19,671,946 [extracted, p.6] | 16,985,912 [extracted, p.6] |
| non-operating and other changes (Statement of activities) | 7,934,247 [derived, p.7] | 5,488,579 [derived, p.6] | 1,108,390 [derived, p.6] |
| CHANGE IN NET ASSETS (Statement of activities) | 29,410,867 [extracted, p.7] | 25,160,525 [extracted, p.6] | 18,094,302 [extracted, p.6] |
| net assets, beginning (Statement of activities) | 183,427,296 [extracted, p.7] | 158,266,771 [extracted, p.6] | 140,172,469 [extracted, p.6] |
| net assets, end (Statement of activities) | 212,838,163 [extracted, p.7] | 183,427,296 [extracted, p.6] | 158,266,771 [extracted, p.6] |

| Ratio | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 1.21x [plausible] | 18.11x [plausible] | 17.06x [plausible] |
| Operating margin | 31.7% [plausible] | 33.7% [plausible] | 32.4% [plausible] |
| Total margin | 43.5% [plausible] | 43.1% [plausible] | 34.5% [plausible] |
| Patient revenue share | 69.5% [plausible] | 74.2% [plausible] | 74.1% [plausible] |
| Grant dependency | 11.0% [plausible] | 16.0% [plausible] | 19.1% [plausible] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 21 days [plausible] | 27 days [plausible] | 24 days [plausible] |
| Debt to net assets | 0.00x [plausible] | 0.00x [plausible] | 0.00x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Verified). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (South Cove Community Health Center, Inc. and Affiliate; FAC-11 template snapshot, SRC-FAC-001).

Methodology: https://astrelis.co/methodology · Data sources: https://astrelis.co/data-sources · Data philosophy: https://astrelis.co/data-philosophy

## Cite this page

Astrelis Atlas, "South Cove Community Health Ctr, Inc.", https://astrelis.co/providers/health_center/221821, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.