Rural Health Network of Monroe County Florida Inc

Analysis

Rural Health Network of Monroe County Florida Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Rural Health Network of Monroe County Florida Inc reported income of $3.6m and spending of $3.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.6m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 91% 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 Network of Monroe County Florida Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include The Massachusetts Council on Gaming and Health Inc ($3.6m), Otsego County Ambulance Corps Inc ($3.6m) and Cmit Louisiana LLC ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $3.4m against liabilities of $1.0m, net assets of $2.4m.