Albany Area Primary Health Care Inc

Analysis

Albany Area Primary Health Care Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in December 1979, 47 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, Albany Area Primary Health Care Inc reported income of $64.4m and spending of $64.6m, spending 100% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $39.7m to $64.4m (+62%), an average of +13% a year. The sharpest change came in the year to May 2020, when income rose by 22%. 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, Albany Area Primary Health Care Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Tampa General Provider Network Inc ($64.4m), Grinnell Regional Medical Center ($64.4m) and Saint Joseph Regional Medical Center-Plymouth Campus Inc ($64.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $725k (1.1% of expenses). Other salaries and wages came to $31.0m. At year end it held assets of $35.7m against liabilities of $14.9m, net assets of $20.9m. It reported 578 employees.