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Piedmont Access to Health Services Inc

RegisteredEIN 54-2026502Danville, VAHealth and saving lives
Income$42.5m2023-06
Spending$43.0msame year
Spent / received81%5-year average
Size in its cause92nd pctHealth and saving lives
Exempt since2001Publicly supported organisat
Employees350latest return

Analysis

Piedmont Access to Health Services Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in July 2001, 25 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 June 2023, Piedmont Access to Health Services Inc reported income of $42.5m and spending of $43.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.0m to $42.5m (+103%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 44%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Piedmont Access to Health Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Community Hospital of Lagrange County Inc ($42.5m), Parker Jewish Institute for Health Care and Rehabilitation Foundation ($42.6m) and Sparrow Eaton Hospital ($42.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $955k (2.2% of expenses). Other salaries and wages came to $22.1m. At year end it held assets of $49.8m against liabilities of $7.1m, net assets of $42.7m. It reported 350 employees.

Income and spending

$0$10.7m$21.5m$32.2m$43.0m2019 Income: $20,993,1282019 Spending: $16,249,99120192020 Income: $30,269,8092020 Spending: $20,819,67620202021 Income: $38,343,1602021 Spending: $26,630,36220212022 Income: $38,050,3932022 Spending: $31,130,63620222023 Income: $42,544,2142023 Spending: $42,977,2032023
IncomeSpending

Where the income comes from

  • Contributions & grants 19%
  • Program services 81%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Community Hospital of Lagrange County IncLagrange$42.5m
Parker Jewish Institute for Health Care and Rehabilitation FoundationNew Hyde Park$42.6m
Sparrow Eaton HospitalCharlotte$42.5m
Mainline Health Systems IncMonticello$42.6m