The Center for Rural Health Innovation

Analysis

The Center for Rural Health Innovation is a registered charity in United States, based in Spruce Pine, NC. It received its IRS tax-exemption ruling in November 2010, 16 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 June 2023, The Center for Rural Health Innovation reported income of $946k and spending of $868k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $461k to $946k (+105%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Center for Rural Health Innovation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Diabetes Action Research and Education Foundation ($946k), North Alabama Ahec ($947k) and Tedys Team Inc ($945k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Other salaries and wages came to $489k. At year end it held assets of $321k against liabilities of $37k, net assets of $284k. It reported 15 employees.