Belgrade Regional Health Center Inc

Analysis

Belgrade Regional Health Center Inc is a registered charity in United States, based in Belgrade LKS, ME. It received its IRS tax-exemption ruling in July 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 2024, Belgrade Regional Health Center Inc reported income of $133k and spending of $93k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $145k to $133k (-7.9%), an average of -1.6% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Belgrade Regional Health Center Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 37th percentile within ME. Charities of a similar size with the same main cause include Center for Mental Health Promotion Inc ($133k), Mi Salud Wellness Center ($134k) and Riceville Ambulance Service Inc ($133k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 38% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.