T J Regional Health Inc

Analysis

T J Regional Health Inc is a registered charity in United States, based in Glasgow, KY. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, T J Regional Health Inc reported income of $11.2m and spending of $11.8m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.1m to $11.2m (+85%), an average of +17% a year. The sharpest change came in the year to September 2022, when income rose by 86%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, T J Regional Health Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include HMS School for Children with Cerebral Palsy ($11.2m), Physical Medicine Specialists Inc ($11.2m) and Great Plains of Ellinwood Inc ($11.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $896k (7.6% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $454k against liabilities of $1.2m, net assets of -$743k. It reported 42 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.