Bear Lake Community Health Center Inc

Analysis

Bear Lake Community Health Center Inc is a registered charity in United States, based in Providence, UT. It received its IRS tax-exemption ruling in September 2003, 23 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, Bear Lake Community Health Center Inc reported income of $17.0m and spending of $18.2m, spending 108% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $14.5m to $17.0m (+17%), an average of +4.0% a year. The sharpest change came in the year to April 2021, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bear Lake Community Health Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within UT. Charities of a similar size with the same main cause include On Point NYC Inc ($16.9m), Saint Michaels Clinics Inc ($17.0m) and White County Physician Group ($16.9m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 48% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $268k (1.5% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $17.5m against liabilities of $15.3m, net assets of $2.2m. It reported 365 employees.