Avita Health System

Analysis

Avita Health System is a registered charity in United States, based in Galion, OH. It received its IRS tax-exemption ruling in September 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 ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Avita Health System reported income of $84.3m and spending of $84.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $63.9m to $84.3m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avita Health System sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Apla Health & Wellness ($84.2m), St Lukes Des Peres Episcopal-Presbyterian Hospital ($84.3m) and Emanate Health ($84.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.1m (1.4% of expenses). Other salaries and wages came to $21.4m. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 395 employees.