Fredericksburg Area Regional Health Council Inc

Analysis

Fredericksburg Area Regional Health Council Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in February 1994, 32 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 December 2023, Fredericksburg Area Regional Health Council Inc reported income of $7.0m and spending of $6.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $7.0m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fredericksburg Area Regional Health Council Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Ritchie County Primary Care Assoc Inc ($6.9m), Baptist Home Society of New Jersey ($7.0m) and Home for the Aged of the Little Sisters of the Poor Incorporated ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $90k (1.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.9m against liabilities of $153k, net assets of $2.8m. It reported 44 employees.