Cook Area Health Services Inc

Analysis

Cook Area Health Services Inc is a registered charity in United States, based in Cook, MN. It received its IRS tax-exemption ruling in October 1979, 47 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, Cook Area Health Services Inc reported income of $18.8m and spending of $18.3m, spending 97% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $14.2m to $18.8m (+32%), an average of +7.2% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cook Area Health Services 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 MN. Charities of a similar size with the same main cause include Exceptional Care for Children Inc ($18.8m), Cancer Care Inc ($18.8m) and Jackson Medical Mall Foundation ($18.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $266k (1.5% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $6.6m against liabilities of $1.7m, net assets of $4.9m. It reported 185 employees.