Tri Cities Community Health

Analysis

Tri Cities Community Health is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in January 1982, 44 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 May 2023, Tri Cities Community Health reported income of $48.7m and spending of $43.5m, spending 89% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $36.9m to $48.7m (+32%), an average of +7.2% a year. The sharpest change came in the year to May 2020, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri Cities Community Health 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 99th percentile within WA. Charities of a similar size with the same main cause include Taco Bell Foundation Inc ($48.7m), Metropolitan YMCA of the Oranges Inc ($48.8m) and Food Bank of South Jersey Inc ($48.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.2m (2.8% of expenses). Other salaries and wages came to $22.4m. At year end it held assets of $47.7m against liabilities of $7.6m, net assets of $40.1m. It reported 447 employees.