East Grand Health Center Inc

Analysis

East Grand Health Center Inc is a registered charity in United States, based in Danforth, ME. It received its IRS tax-exemption ruling in November 1971, 55 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, East Grand Health Center Inc reported income of $872k and spending of $914k, spending 105% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $821k to $872k (+6.1%), an average of +2.0% a year. The sharpest change came in the year to March 2023, when income dropped by 24%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, East Grand Health Center Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within ME. Charities of a similar size with the same main cause include Rio Salado Behavioral Health Systems Inc ($872k), Shepherds Foundation Inc ($872k) and Cancer Awareness Through Research and Education Association ($872k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $65k (7.1% of expenses). Other salaries and wages came to $362k. At year end it held assets of $1.3m against liabilities of $26k, net assets of $1.3m. It reported 14 employees.