Challis Area Health Center

Analysis

Challis Area Health Center is a registered charity in United States, based in Challis, ID. It received its IRS tax-exemption ruling in October 2014, 12 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 September 2023, Challis Area Health Center reported income of $4.1m and spending of $2.8m, leaving 32% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $4.1m (+103%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 37%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Challis Area Health Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within ID. Charities of a similar size with the same main cause include Teaching Tree Early Childhood Learning Center ($4.1m), Dream of Wild Health ($4.1m) and Population Institute ($4.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $273k (9.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.6m against liabilities of $115k, net assets of $4.5m. It reported 24 employees.