Red River Valley Health Care PC

Analysis

Red River Valley Health Care PC is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in January 2021, 5 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 December 2023, Red River Valley Health Care PC reported income of $658k and spending of $1.6m, spending 249% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $130k to $658k (+406%), an average of +72% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 286% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Red River Valley Health Care PC sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within ND. Charities of a similar size with the same main cause include Chicago Hispanic Health Coalition ($658k), Pregnancy Aid-South Suburbs Inc ($658k) and Here for the Girls Inc ($658k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $945k. At year end it held assets of $94k against liabilities of $3.2m, net assets of -$3.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.