Black River Health Inc

Analysis

Black River Health Inc is a registered charity in United States, based in BLK River FLS, WI. It received its IRS tax-exemption ruling in August 1964, 62 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, Black River Health Inc reported income of $74.6m and spending of $64.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $75.2m to $74.6m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income rose by 17%. 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, Black River Health Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include St Joseph Medical Group ($74.6m), Sarah Herzog Memorial Hospital ($74.7m) and Upmc ($74.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.2m (1.9% of expenses). Other salaries and wages came to $24.9m. At year end it held assets of $100.1m against liabilities of $28.2m, net assets of $71.9m. It reported 402 employees.