Five Rivers Health Centers

Analysis

Five Rivers Health Centers is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in October 2011, 15 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, Five Rivers Health Centers reported income of $47.9m and spending of $42.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.2m to $47.9m (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Five Rivers Health Centers sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Fort Loudoun Medical Center ($47.9m), Healthnet Aeromedical Services Inc ($48.0m) and The V Foundation ($47.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $1.4m (3.4% of expenses). Other salaries and wages came to $17.3m. At year end it held assets of $49.7m against liabilities of $16.0m, net assets of $33.6m. It reported 414 employees.