Richmond Area Helth Center Inc

Analysis

Richmond Area Helth Center Inc is a registered charity in United States, based in Boothbay, ME. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Richmond Area Helth Center Inc reported income of $100k and spending of $81k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $106k to $100k (-5.8%), an average of -1.5% a year. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Richmond Area Helth Center Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 30th percentile within ME. Charities of a similar size with the same main cause include Friends for Special Needs Inc ($100k), Friday Harbour ($100k) and Oser-Roth and Friends Fest Inc ($100k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% of the total. It paid $2,590 in professional fundraising fees. At year end it held assets of $479k against liabilities of $342k, net assets of $136k.