# Caring Health Center

Health Center, MA
Page: https://astrelis.co/providers/health_center/221829  
This twin: https://astrelis.co/providers/health_center/221829.md  
CMS Certification Number (CCN): 221829  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2024)

- **Total patients (UDS) (FY2024):** 21,380. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2024):** -120.4%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 4. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 9.1%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2024):** $21.2M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2024):** +6.4%. 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

### CARING HEALTH CENTER, INC., CT

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: exact name and state (FACLAND tier 1)).

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000420782
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000356827
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000029658

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 7,168,809 [derived, p.5] | 13,948,408 [derived, p.5] | 11,370,948 [derived, p.5] |
| patient receivables, net (Statement of financial position) | 972,495 [derived, p.5] | 1,342,683 [derived, p.5] | 1,049,818 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 2,173,255 [derived, p.5] | 1,779,558 [derived, p.5] | 1,907,087 [derived, p.5] |
| other current assets (Statement of financial position) | 615,479 [derived, p.5] | 441,079 [derived, p.5] | 372,589 [derived, p.5] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 10,930,038 [extracted, p.5] | 17,511,728 [extracted, p.5] | 14,700,442 [extracted, p.5] |
| property and equipment, net (Statement of financial position) | 27,454,693 [derived, p.5] | 20,833,807 [derived, p.5] | 18,047,574 [derived, p.5] |
| other long-term assets (Statement of financial position) | 1,093,592 [derived, p.5] | 1,377,819 [derived, p.5] | 1,362,285 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 39,478,323 [extracted, p.5] | 39,723,354 [extracted, p.5] | 34,110,301 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 2,974,833 [derived, p.5] | 3,565,167 [derived, p.5] | 3,225,442 [derived, p.5] |
| deferred revenue (Statement of financial position) | 624,994 [derived, p.5] | 6,639,893 [derived, p.5] | 1,591,058 [derived, p.5] |
| current debt and leases (Statement of financial position) | 601,173 [derived, p.5] | 588,716 [derived, p.5] | 516,488 [derived, p.5] |
| other current liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 4,201,000 [extracted, p.5] | 10,793,776 [extracted, p.5] | 5,332,988 [extracted, p.5] |
| long-term debt and leases (Statement of financial position) | 6,678,666 [derived, p.5] | 6,649,175 [derived, p.5] | 6,894,482 [derived, p.5] |
| other long-term liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL LIABILITIES (Statement of financial position) | 10,879,666 [extracted, p.5] | 17,442,951 [extracted, p.5] | 12,227,470 [extracted, p.5] |
| net assets without donor restrictions (Statement of financial position) | 28,598,657 [derived, p.5] | 22,280,403 [derived, p.5] | 21,882,831 [derived, p.5] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL NET ASSETS (Statement of financial position) | 28,598,657 [extracted, p.5] | 22,280,403 [extracted, p.5] | 21,882,831 [extracted, p.5] |
| patient service revenue, net (Statement of activities) | 21,589,723 [derived, p.6] | 21,019,342 [derived, p.6] | 17,497,330 [derived, p.6] |
| pharmacy and 340B revenue (Statement of activities) | 8,385,608 [derived, p.6] | 8,191,332 [derived, p.6] | 9,931,328 [derived, p.6] |
| federal grants (Statement of activities) | 3,159,887 [derived, p.6] | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 10,658,617 [derived, p.6] | 13,746,333 [derived, p.6] | 15,432,613 [derived, p.6] |
| contributions (Statement of activities) | 3,261,739 [derived, p.6] | 568,211 [derived, p.6] | 352,024 [derived, p.6] |
| other revenue (Statement of activities) | 4,663,211 [derived, p.6] | 3,398,531 [derived, p.6] | 247,502 [derived, p.6] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 51,718,785 [extracted, p.6] | 46,923,749 [extracted, p.6] | 43,460,797 [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) | 48,760,146 [extracted, p.6] | 46,526,177 [extracted, p.6] | 41,281,571 [extracted, p.6] |
| OPERATING RESULT (Statement of activities) | 2,958,639 [extracted, p.6] | absent (not printed, or not read) | absent (not printed, or not read) |
| non-operating and other changes (Statement of activities) | 3,359,615 [derived, p.6] | absent (not printed, or not read) | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | 6,318,254 [extracted, p.6] | 397,572 [extracted, p.6] | 2,179,226 [extracted, p.6] |
| net assets, beginning (Statement of activities) | 22,280,403 [extracted, p.6] | 21,882,831 [extracted, p.6] | 19,703,605 [extracted, p.6] |
| net assets, end (Statement of activities) | 28,598,657 [extracted, p.6] | 22,280,403 [extracted, p.6] | 21,882,831 [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 | 2.60x [plausible] | 1.62x [plausible] | 2.76x [plausible] |
| Operating margin | 5.7% [plausible] | absent [not computed] | absent [not computed] |
| Total margin | 12.2% [plausible] | 0.8% [plausible] | 5.0% [plausible] |
| Patient revenue share | 41.7% [plausible] | 44.8% [plausible] | 40.3% [plausible] |
| Grant dependency | 26.7% [plausible] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 16 days [plausible] | 23 days [plausible] | 22 days [plausible] |
| Debt to net assets | 0.25x [plausible] | 0.32x [plausible] | 0.34x [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 (CARING HEALTH CENTER, INC.; 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, "Caring Health Center", https://astrelis.co/providers/health_center/221829, 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.