Showalter Memorial Health Center Inc

Analysis

Showalter Memorial Health Center Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Showalter Memorial Health Center Inc reported income of $4.9m and spending of $4.3m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.1m to $4.9m (+20%), an average of +4.7% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Showalter Memorial Health Center 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 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Samaritan House Inc ($4.9m), RHF Bunker Hill Corp ($4.9m) and Housing and Land Enterprise of Maui ($4.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. At year end it held assets of $5.1m against liabilities of $2.7m, net assets of $2.4m.