Elkins Regional Convalescent Center Inc

Analysis

Elkins Regional Convalescent Center Inc is a registered charity in United States, based in Elkins, WV. It received its IRS tax-exemption ruling in December 1953, 73 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 December 2023, Elkins Regional Convalescent Center Inc reported income of $20.5m and spending of $20.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.4m to $20.5m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elkins Regional Convalescent Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WV. Charities of a similar size with the same main cause include Detroit Rescue Mission Ministries Genesis House I II III & Oasis ($20.5m), Autism Services Inc ($20.5m) and Visiting Nurse Association of the Treasure Coast Inc ($20.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $430k (2.1% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $19.2m against liabilities of $10.8m, net assets of $8.4m. It reported 352 employees.