Blount Health Management Inc

Analysis

Blount Health Management Inc is a registered charity in United States, based in Oneonta, AL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Blount Health Management Inc reported income of $213k and spending of $146k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $271k to $213k (-21%), an average of -5.8% a year. The sharpest change came in the year to September 2023, when income rose by 1415%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blount Health Management Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within AL. Charities of a similar size with the same main cause include The African Violet Society of America Inc ($213k), Cathedral Court Inc ($213k) and PTA New Jersey Congress of Parents & Teachers ($213k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $1.7m against liabilities of $642k, net assets of $1.1m.