Rhea Medical Healthcare Foundation

Analysis

Rhea Medical Healthcare Foundation is a registered charity in United States, based in Dayton, TN. It received its IRS tax-exemption ruling in August 2005, 21 years ago. 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 2024, Rhea Medical Healthcare Foundation reported income of $82k and spending of $30k, leaving 63% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $47k to $82k (+75%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 54%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rhea Medical Healthcare Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($82k), Crimestoppers of Champaign County Inc ($82k) and Delaware Senior Olympics Inc ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $237k against liabilities of $220, net assets of $236k.