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Tri Area Community Health

RegisteredEIN 54-1112330Laurel Fork, VAHealth and saving lives
Income$16.2m2023-05
Spending$14.9msame year
Spent / received92%5-year average
Size in its cause87th pctHealth and saving lives
Exempt since1981Hospital or medical research
Employees160latest return

Analysis

Tri Area Community Health is a registered charity in United States, based in Laurel Fork, VA. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2023, Tri Area Community Health reported income of $16.2m and spending of $14.9m, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $9.6m to $16.2m (+68%), an average of +14% a year. The sharpest change came in the year to May 2020, when income rose by 24%. 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, Tri Area Community Health sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Great Mines Health Center ($16.2m), Pittsburgh Mercy Health System Inc ($16.2m) and Wabanaki Public Health and Wellness NPC ($16.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 30% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $607k (4.1% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $16.1m against liabilities of $6.2m, net assets of $9.9m. It reported 160 employees.

Income and spending

$0$4.1m$8.1m$12.2m$16.2m2019 Income: $9,641,5462019 Spending: $8,650,87920192020 Income: $11,991,5012020 Spending: $10,048,59220202021 Income: $12,268,9312021 Spending: $11,664,36420212022 Income: $14,012,8562022 Spending: $13,595,30820222023 Income: $16,220,3802023 Spending: $14,948,6972023
IncomeSpending

Where the income comes from

  • Contributions & grants 30%
  • Program services 37%
  • Other 33%

Similar-sized charities, same cause

CharityLocationIncome
Great Mines Health CenterPotosi$16.2m
Pittsburgh Mercy Health System IncPittsburgh$16.2m
Wabanaki Public Health and Wellness NPCBangor$16.2m
Good Samaritan Hospice IncRoanoke$16.2m