Forest Health Services Inc

Analysis

Forest Health Services Inc is a registered charity in United States, based in Buhl, MN. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Forest Health Services Inc reported income of $5.2m and spending of $4.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $5.2m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Forest Health Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Community Housing Development Association Inc ($5.2m), Habitat for Humanity International Inc ($5.2m) and Center for the Pacific Asian Family Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $338k (7.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $4.1m against liabilities of $5.5m, net assets of -$1.4m. It reported 111 employees.