Aston Park Health Care Center Inc

Analysis

Aston Park Health Care Center Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in November 1932, 94 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Aston Park Health Care Center Inc reported income of $15.3m and spending of $15.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.8m to $15.3m (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2020, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aston Park Health Care Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Century Club of San Diego ($15.2m), Greater Cedar Rapids Community Foundation ($15.3m) and Dr Phillips Inc ($15.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $17.8m against liabilities of $983k, net assets of $16.8m.