Compassion Health Care Inc

Analysis

Compassion Health Care Inc is a registered charity in United States, based in Yanceyville, NC. It received its IRS tax-exemption ruling in July 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 May 2024, Compassion Health Care Inc reported income of $9.2m and spending of $8.3m, spending 91% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $5.9m to $9.2m (+55%), an average of +12% a year. The sharpest change came in the year to May 2021, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Compassion Health Care Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Technical Assistance Partnership of Arizona ($9.2m), Collaborative Solutions Corp ($9.2m) and Winters Healthcare Foundation Inc ($9.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $615k (7.4% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $7.6m against liabilities of $663k, net assets of $7.0m. It reported 87 employees.