P R Health Corporation

Analysis

P R Health Corporation is a registered charity in United States, based in Park River, ND. It received its IRS tax-exemption ruling in April 2001, 25 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, P R Health Corporation reported income of $21.0m and spending of $19.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.8m to $21.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, P R Health Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within ND. Charities of a similar size with the same main cause include North Carolina Community Health Center Association ($21.0m), Mid-State Health Center ($21.0m) and Aletheia House Inc ($21.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $530k (2.8% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $29.8m against liabilities of $5.4m, net assets of $24.4m. It reported 150 employees.