Black River Health Services Inc

Analysis

Black River Health Services Inc is a registered charity in United States, based in Burgaw, NC. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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 June 2023, Black River Health Services Inc reported income of $6.9m and spending of $5.2m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $6.9m (+107%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black River Health Services 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 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Delgado Community College Foundation ($6.9m), University of Maryland Psychiatry Associates P a ($6.9m) and Uab Research Foundation ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $270k (5.2% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $6.1m against liabilities of $691k, net assets of $5.5m. It reported 60 employees.