Northeast Kentucky Regional Health Information Organization Inc

Analysis

Northeast Kentucky Regional Health Information Organization Inc is a registered charity in United States, based in West Liberty, KY. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Northeast Kentucky Regional Health Information Organization Inc reported income of $742k and spending of $833k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $742k (-36%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 49%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast Kentucky Regional Health Information Organization Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Park Slope Fifth Avenue District Management Association Inc ($742k), Wellspring ($742k) and Evansville Area Tennis Patrons Foundation Inc ($742k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $349k. At year end it held assets of $133k against liabilities of $52k, net assets of $81k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.