Anson Regional Medical Services Inc

Analysis

Anson Regional Medical Services Inc is a registered charity in United States, based in Wadesboro, NC. It received its IRS tax-exemption ruling in February 1993, 33 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 May 2023, Anson Regional Medical Services Inc reported income of $3.1m and spending of $1.9m, leaving 37% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.9m to $3.1m (+60%), an average of +12% a year. The sharpest change came in the year to May 2023, when income rose by 104%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anson Regional Medical Services Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Lowcountry Center for Veterans Research ($3.1m), Haiti Clinic Inc ($3.1m) and Teen Health Connection ($3.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 81% and program service revenue 11% of the total. Other salaries and wages came to $846k. At year end it held assets of $3.7m against liabilities of $229k, net assets of $3.5m. It reported 14 employees.