Adventhealth Family Medicine Rural Health Clinics Inc

Analysis

Adventhealth Family Medicine Rural Health Clinics Inc is a registered charity in United States, based in Lampasas, TX. It received its IRS tax-exemption ruling in November 2011, 15 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 December 2023, Adventhealth Family Medicine Rural Health Clinics Inc reported income of $5.7m and spending of $7.6m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $5.7m (+306%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 314%. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adventhealth Family Medicine Rural Health Clinics Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Sutter Medical Center Foundation ($5.7m), Scoa Cares Inc ($5.7m) and Southwestern Vermont Health Care Corporation ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $372k (4.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $4.8m against liabilities of $958k, net assets of $3.9m. It reported 74 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.