Mantachie Rural Health Care Inc

Analysis

Mantachie Rural Health Care Inc is a registered charity in United States, based in Mantachie, MS. It received its IRS tax-exemption ruling in June 1993, 33 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 December 2023, Mantachie Rural Health Care Inc reported income of $8.3m and spending of $7.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $8.3m (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 35%. 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, Mantachie Rural Health Care Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MS. Charities of a similar size with the same main cause include National Association of Independent Colleges & Universities ($8.3m), Kaleidoscope Inc ($8.3m) and Central Wyoming Hospice Program ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $432k (5.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $4.7m against liabilities of $660k, net assets of $4.0m. It reported 50 employees.