North Country Healthcare Inc

Analysis

North Country Healthcare Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in November 1991, 35 years ago. 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, North Country Healthcare Inc reported income of $63.4m and spending of $63.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $48.1m to $63.4m (+32%), an average of +7.1% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Country Healthcare Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Uva Prince William Health System ($63.3m), Rady Childrens Health Services San Diego ($63.4m) and Inspire Development Centers ($63.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $1.2m (1.9% of expenses). Other salaries and wages came to $36.1m. At year end it held assets of $37.3m against liabilities of $13.5m, net assets of $23.9m. It reported 769 employees.