Associated Health Services Inc

Analysis

Associated Health Services Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Associated Health Services Inc reported income of $58.6m and spending of $52.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.3m to $58.6m (+163%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 88%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Associated Health Services Inc sits at the 93rd percentile: it is larger than about 93% of them. 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 The Shriners Hospital for Children ($58.6m), Cobble Hill Health Center Inc ($58.6m) and Munson Healthcare Manistee Hospital ($58.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35.9m against liabilities of $5.9m, net assets of $30.1m.