Appalachian Regional Healthcare System Inc

Analysis

Appalachian Regional Healthcare System Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Appalachian Regional Healthcare System Inc reported income of $35.4m and spending of $35.4m, spending 100% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $20.6m to $35.4m (+72%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Appalachian Regional Healthcare System 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 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Troy Community Hospital Incorporated ($35.4m), Huron Valley Ambulance Inc ($35.4m) and Anthony L Jordan Health Corporation ($35.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 106% of the total. Compensation of current officers, directors and key employees was $2.8m (8.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $28.3m against liabilities of $32.9m, net assets of -$4.6m. It reported 1,965 employees.