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Rural Health Care Initiative

RegisteredEIN 45-0766007Minneapolis, MNHealth and saving lives
Income$343k2023-06
Spending$299ksame year
Spent / received88%2-year average
Size in its cause49th pctHealth and saving lives
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Rural Health Care Initiative is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2023, Rural Health Care Initiative reported income of $343k and spending of $299k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $301k to $343k (+14%), an average of +14% a year. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rural Health Care Initiative sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Horses Adaptive Riding and Therapy ($342k), Pregnancy Care Center of Southeast Texas ($343k) and Onyx Foundation Inc ($342k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $330k against liabilities of $0, net assets of $330k.

Income and spending

$0$86k$171k$257k$343k2022 Income: $300,8982022 Spending: $263,85920222023 Income: $342,5852023 Spending: $299,0312023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Horses Adaptive Riding and TherapySalem$342k
Pregnancy Care Center of Southeast TexasHuntsville$343k
Onyx Foundation IncStar Prairie$342k
Ellen Meadows Prosthetic HandfoundationLodi$343k