B-K Health Center Inc

Analysis

B-K Health Center Inc is a registered charity in United States, based in Montrose, PA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, B-K Health Center Inc reported income of $9.5m and spending of $7.4m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.1m to $9.5m (+129%), an average of +23% a year. The sharpest change came in the year to September 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, B-K Health Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Mother of Mercy ($9.5m), The Southport School Inc ($9.5m) and Midland School ($9.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $268k (3.6% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $7.0m against liabilities of $2.1m, net assets of $4.9m. It reported 65 employees.