Blackstone Health Inc

Analysis

Blackstone Health Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Blackstone Health Inc reported income of $1.7m and spending of $1.5m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $1.7m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blackstone Health Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within RI. Charities of a similar size with the same main cause include Nevada P E P Inc ($1.7m), Living Free Non-Profit Animal Sanctuary ($1.7m) and Disability Rights Vermont Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $428k. At year end it held assets of $1.6m against liabilities of $127k, net assets of $1.5m. It reported 16 employees.