Mount St Rita Health Centre

Analysis

Mount St Rita Health Centre is a registered charity in United States, based in Cumberland, RI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 December 2023, Mount St Rita Health Centre reported income of $8.5m and spending of $9.9m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.3m to $8.5m (-8.6%), an average of -2.2% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount St Rita Health Centre sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within RI. Charities of a similar size with the same main cause include Campion School ($8.5m), New Britain Emergency Medical Services Incorporated ($8.5m) and Bright Beginnings Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $132k (1.3% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $4.8m against liabilities of $1.8m, net assets of $3.0m. It reported 122 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.