LRHC Long Term Care Facilities Inc

Analysis

LRHC Long Term Care Facilities Inc is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in October 1995, 31 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, LRHC Long Term Care Facilities Inc reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.7m to $2.7m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to September 2023, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, LRHC Long Term Care Facilities Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include El Dorado Texas Community Service Center ($2.7m), Real Life Living Services Inc ($2.7m) and American Academy of Pediatrics California Chapter 3 ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $3.4m against liabilities of $1.2m, net assets of $2.2m. It reported 77 employees.