Community Health Center of the Black Hills Inc

Analysis

Community Health Center of the Black Hills Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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, Community Health Center of the Black Hills Inc reported income of $11.9m and spending of $11.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.8m to $11.9m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Health Center of the Black Hills Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within SD. Charities of a similar size with the same main cause include Florida State College at Jacksonville Foundation Inc ($11.9m), Onegeneration ($11.9m) and Southern Oklahoma Regional Disposal Inc ($11.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $288k (2.4% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $11.2m against liabilities of $4.1m, net assets of $7.1m. It reported 119 employees.