Health Care
(E12)
IRS Verified
DX Registered
990 on File
OCEAN CARES FOUNDATION
Financial strength (30%)
50/100
Reliability (20%)
50/100
Effectiveness (25%)
52/100
Impact (25%)
90/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Our Mission At Bright Harbor Healthcare, we bring compassionate, inclusive care to promote the health and wellness of our community. Our Vision Our vision is that together we thrive in our strong, health community. We want to instill confidence that our quality, patient-centric services will assist them in achieving wellness and recovery. Our Values At Bright Harbor Healthcare, we believe in providing integrity-driven, innovative, respectful care that honors each person’s needs and lived experience.
Financial Overview — FY 2025
$62K
Total Revenue
$45K
Total Expenses
$11K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
2.2%
Fundraising Efficiency
23.2%
Operating Reserve
2.82x
Liability-to-Asset
76.8%
Revenue Diversification
80.6%
Compared with Peers
FY 2025
Compared with 2,071 similar organizations
(United States, Health Care, under $100K 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
|
2.2% | 82.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
23.2% | 24.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.8 mo | 25.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
76.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.6% | 99.8% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
28.1% | 16.1% |
P10P90
|
Impact
3 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Improved quality of life | 9,900 | $33.00 | — | Per Day |
| Improved health for families | 3,667 | $27.00 | — | Per Day |
| less food insecurity in our community and less food waste | 7,777 | $41.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $62K | $45K | $11K | 2.2% | — |
| 2024 | N/A | N/A | N/A | — | 4 |
| 2023 | $26K | $54K | $6K | — | — |
| 2022 | $41K | $51K | $34K | — | — |
| 2021 | $71K | $50K | N/A | — | 1 |
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