Culbertson Froid Bainville Health Care Corporation

Analysis

Culbertson Froid Bainville Health Care Corporation is a registered charity in United States, based in Culbertson, MT. It received its IRS tax-exemption ruling in January 1979, 47 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 April 2023, Culbertson Froid Bainville Health Care Corporation reported income of $8.7m and spending of $8.2m, spending 95% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $6.6m to $8.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to April 2021, when income rose by 68%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Culbertson Froid Bainville Health Care Corporation 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 94th percentile, and in the 96th percentile within MT. Charities of a similar size with the same main cause include Spring River Christian Village Inc 3600 E Third ($8.7m), North Flight Aero Med ($8.7m) and Hyndman Area Health Center Inc ($8.7m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 7.3% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $265k (3.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $10.1m against liabilities of $1.7m, net assets of $8.4m. It reported 98 employees.