Tri State Community Health Center Inc

Analysis

Tri State Community Health Center Inc is a registered charity in United States, based in Hancock, MD. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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 November 2023, Tri State Community Health Center Inc reported income of $14.6m and spending of $15.5m, spending 106% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $13.1m to $14.6m (+12%), an average of +2.8% a year. The sharpest change came in the year to November 2021, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri State Community Health Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include National Law Enforcement Officers Memorial Fund Inc ($14.6m), Lowell School ($14.6m) and Professional Care Services of West TN Inc ($14.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $395k (2.5% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $16.7m against liabilities of $986k, net assets of $15.8m. It reported 187 employees.