Rural Health Access Corporation

Analysis

Rural Health Access Corporation is a registered charity in United States, based in Chapmanville, WV. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rural Health Access Corporation reported income of $4.6m and spending of $4.0m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $4.6m (+156%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rural Health Access Corporation sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WV. Charities of a similar size with the same main cause include Illinois Critical Access Hospital Network ($4.6m), Caring Network NFP ($4.6m) and El Futuro ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $3.3m against liabilities of $555k, net assets of $2.7m. It reported 43 employees.