Rural Health Care Incorporated

Analysis

Rural Health Care Incorporated is a registered charity in United States, based in Palatka, FL. It received its IRS tax-exemption ruling in June 1978, 48 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 November 2023, Rural Health Care Incorporated reported income of $34.7m and spending of $35.0m, spending 101% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $29.1m to $34.7m (+19%), an average of +4.5% a year. The sharpest change came in the year to November 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rural Health Care Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Pathways Psychiatric Hospital Inc ($34.7m), Hillcrest Healthcare Communities Inc ($34.7m) and John Muir Foundation ($34.7m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.1m (3.3% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $22.6m against liabilities of $6.9m, net assets of $15.6m. It reported 350 employees.