Bluestone Health Association Inc

Analysis

Bluestone Health Association Inc is a registered charity in United States, based in Princeton, WV. It received its IRS tax-exemption ruling in November 1976, 50 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 May 2023, Bluestone Health Association Inc reported income of $19.3m and spending of $15.7m, spending 81% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $10.4m to $19.3m (+85%), an average of +17% a year. The sharpest change came in the year to May 2020, when income rose by 23%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bluestone Health Association 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 WV. Charities of a similar size with the same main cause include Augustana Mount Olivet Hospice Care LLC ($19.3m), Lifeskills Health Services Inc ($19.3m) and Neurology Associates of Stony Brook University Faculty Practice Corp ($19.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $8.6m. At year end it held assets of $22.7m against liabilities of $1.2m, net assets of $21.5m. It reported 165 employees.