Fellowship Health Resources Inc

Analysis

Fellowship Health Resources Inc is a registered charity in United States, based in Lincoln, RI. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fellowship Health Resources Inc reported income of $36.1m and spending of $34.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.5m to $36.1m (+14%), an average of +3.4% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fellowship Health Resources Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within RI. Charities of a similar size with the same main cause include Fort Norfolk Retirement Community Inc ($36.0m), Trezevant Episcopal Home ($36.1m) and Retirement Living Inc ($36.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $148k (0.4% of expenses). Other salaries and wages came to $21.3m. At year end it held assets of $30.2m against liabilities of $15.8m, net assets of $14.4m. It reported 542 employees.