Bucksport Regional Health Center

Analysis

Bucksport Regional Health Center is a registered charity in United States, based in Bucksport, ME. It received its IRS tax-exemption ruling in January 1974, 52 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 March 2024, Bucksport Regional Health Center reported income of $12.5m and spending of $12.1m, spending 97% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $9.6m to $12.5m (+30%), an average of +6.8% a year. The sharpest change came in the year to March 2021, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bucksport Regional Health Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within ME. Charities of a similar size with the same main cause include Bluegrass Primary Health Care Center Inc ($12.5m), Side by Side ($12.5m) and New Jersey Health Foundation Inc ($12.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $6.2m. At year end it held assets of $10.2m against liabilities of $2.0m, net assets of $8.1m. It reported 120 employees.