Affinia Healthcare
Analysis
Affinia Healthcare is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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 December 2023, Affinia Healthcare reported income of $52.8m and spending of $51.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.5m to $52.8m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Affinia Healthcare sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Medstar Health Research Institute Inc ($52.8m), South Cove Community Health Center Inc ($52.8m) and Northeast Kingdom Human Services Inc ($52.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $1.6m (3.1% of expenses). Other salaries and wages came to $29.4m. At year end it held assets of $42.1m against liabilities of $15.0m, net assets of $27.0m. It reported 542 employees.
Income and spending
Where the income comes from
- Contributions & grants 36%
- Program services 63%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Medstar Health Research Institute Inc | Columbia | $52.8m |
| South Cove Community Health Center Inc | Boston | $52.8m |
| Northeast Kingdom Human Services Inc | Newport | $52.7m |
| Ross Education Holdings Inc | Clinton TWP | $52.9m |