Houlton Regional Health Services Foundation

Analysis

Houlton Regional Health Services Foundation is a registered charity in United States, based in Houlton, ME. It received its IRS tax-exemption ruling in June 1984, 42 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 (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, Houlton Regional Health Services Foundation reported income of $740k and spending of $123k, leaving 83% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $140k to $740k (+428%), an average of +52% a year. The sharpest change came in the year to September 2023, when income rose by 312%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Houlton Regional Health Services Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within ME. Charities of a similar size with the same main cause include Austin Area Mental Health Consumers ($740k), Health Hub SF ($741k) and Wellbeing Foundation America Inc ($740k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 39% of the total. Other salaries and wages came to $57k. At year end it held assets of $2.9m against liabilities of $8,287, net assets of $2.9m. It reported 1 employees.