Pike Health Services Inc

Analysis

Pike Health Services Inc is a registered charity in United States, based in Waverly, OH. It received its IRS tax-exemption ruling in November 1983, 43 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 December 2023, Pike Health Services Inc reported income of $34.4m and spending of $28.7m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.1m to $34.4m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pike Health Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Allied Services Skilled Nursing Center ($34.4m), Star Community Health Inc ($34.4m) and Providence Rest ($34.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $504k (1.8% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $13.3m against liabilities of $1.6m, net assets of $11.7m. It reported 305 employees.