Community Health Centers of the Rutland Region Inc

Analysis

Community Health Centers of the Rutland Region Inc is a registered charity in United States, based in Rutland, VT. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Community Health Centers of the Rutland Region Inc reported income of $60.7m and spending of $59.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.5m to $60.7m (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health Centers of the Rutland Region Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VT. Charities of a similar size with the same main cause include Johnson Memorial Hospital Inc ($60.7m), Columbia Valley Community Health ($60.9m) and Diversus Health Inc ($60.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.0m (1.7% of expenses). Other salaries and wages came to $35.6m. At year end it held assets of $48.8m against liabilities of $6.0m, net assets of $42.8m. It reported 498 employees.