Arh Tug Valley Health Services Inc

Analysis

Arh Tug Valley Health Services Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in March 2019, 7 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 June 2023, Arh Tug Valley Health Services Inc reported income of $213.4m and spending of $210.1m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $119.8m to $213.4m (+78%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arh Tug Valley Health Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within KY. Charities of a similar size with the same main cause include Hamaspik Choice Inc ($212.3m), Trailhead Community Health Fund of Greater Akron ($214.0m) and Solaris Foundation Inc ($212.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $329k (0.2% of expenses). Other salaries and wages came to $74.0m. At year end it held assets of $85.6m against liabilities of $29.8m, net assets of $55.8m. It reported 1,169 employees.