Five Rivers Medical Center Inc

Analysis

Five Rivers Medical Center Inc is a registered charity in United States, based in Pocahontas, AR. It received its IRS tax-exemption ruling in May 2012, 14 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 September 2023, Five Rivers Medical Center Inc reported income of $18.6m and spending of $21.6m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.3m to $18.6m (+51%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 66%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Five Rivers Medical Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AR. Charities of a similar size with the same main cause include Crossroads Services Board ($18.6m), Mississippi Blood Services Inc ($18.6m) and Community Health Center of Richmond Inc ($18.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $98k (0.5% of expenses). Other salaries and wages came to $11.6m. At year end it held assets of $10.3m against liabilities of $7.6m, net assets of $2.7m. It reported 310 employees.