Northern Counties Health Care Inc

Analysis

Northern Counties Health Care Inc is a registered charity in United States, based in St Johnsbury, VT. It received its IRS tax-exemption ruling in September 1976, 50 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 March 2024, Northern Counties Health Care Inc reported income of $34.4m and spending of $34.0m, spending 99% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $28.1m to $34.4m (+23%), an average of +5.2% a year. The sharpest change came in the year to March 2022, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northern Counties Health Care Inc 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 98th percentile, and in the 98th percentile within VT. Charities of a similar size with the same main cause include Longview Wellness Center Inc ($34.4m), Kentucky Blood Center Inc ($34.5m) and Alegent Health-Community Memorial Hospital of Missouri Valley Iowa ($34.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $613k (1.8% of expenses). Other salaries and wages came to $19.3m. At year end it held assets of $30.2m against liabilities of $2.6m, net assets of $27.6m. It reported 403 employees.