Blue Ridge Community Health Services Inc

Analysis

Blue Ridge Community Health Services Inc is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in November 1969, 57 years ago. 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 March 2024, Blue Ridge Community Health Services Inc reported income of $62.7m and spending of $61.6m, spending 98% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $31.4m to $62.7m (+99%), an average of +19% a year. The sharpest change came in the year to March 2021, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Ridge Community Health Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Tessitura Network Inc ($62.6m), Rural Health Care Inc ($62.7m) and Portage Bay Insurance ($62.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $1.4m (2.3% of expenses). Other salaries and wages came to $30.6m. At year end it held assets of $43.8m against liabilities of $8.8m, net assets of $34.9m. It reported 742 employees.