Central North Alabama Health Services Inc

Analysis

Central North Alabama Health Services Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in March 1988, 38 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 December 2023, Central North Alabama Health Services Inc reported income of $13.6m and spending of $13.6m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $7.0m to $13.6m (+95%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central North Alabama Health Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Baptist Memorial Health Services Inc ($13.6m), St Mary S Nursing Center Inc ($13.6m) and Good Neighbor Community Health Center ($13.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $250k (1.8% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $8.6m against liabilities of $6.5m, net assets of $2.1m. It reported 119 employees.