Logan Health Assisted Living - Shelby

Analysis

Logan Health Assisted Living - Shelby is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 March 2023, Logan Health Assisted Living - Shelby reported income of $1.4m and spending of $2.1m, spending 148% of what it took in. Across the 2 years on record, from March 2022 to March 2023, income grew from $1.1m to $1.4m (+32%), an average of +32% a year. The sharpest change came in the year to March 2023, when income rose by 32%. Over the whole period it spent 141% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Logan Health Assisted Living - Shelby sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within MT. Charities of a similar size with the same main cause include Ians Friends Foundation Inc ($1.4m), School Health Alliance for Forsyth County ($1.4m) and Substance Mental Health Leadership Council of Ri ($1.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $142k (6.9% of expenses). Other salaries and wages came to $780k. At year end it held assets of $2.1m against liabilities of $2.9m, net assets of -$836k. It reported 40 employees.