Riggs Community Health Center Inc

Analysis

Riggs Community Health Center Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Riggs Community Health Center Inc reported income of $19.6m and spending of $18.1m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.6m to $19.6m (+44%), an average of +9.5% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riggs Community Health 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 IN. Charities of a similar size with the same main cause include Community Health Network Foundation Inc ($19.6m), Healtheast Care Center-White Bear Lake ($19.6m) and Regalorx Inc ($19.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $2.0m (11% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $28.9m against liabilities of $1.1m, net assets of $27.8m. It reported 256 employees.