Blue Ridge Healthcare Foundation Inc

Analysis

Blue Ridge Healthcare Foundation Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Blue Ridge Healthcare Foundation Inc reported income of $1.0m and spending of $824k, spending 80% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.0m to $1.0m (+0.2%), an average of +0.0% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Ridge Healthcare Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Red Hill Christian School ($1.0m), Rhema Christian School ($1.0m) and New Holland Early Learning Center ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.3m against liabilities of $171k, net assets of $4.2m.