Bristol Bay Area Health Corporation

Analysis

Bristol Bay Area Health Corporation is a registered charity in United States, based in Dillingham, AK. It received its IRS tax-exemption ruling in January 1975, 51 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 September 2023, Bristol Bay Area Health Corporation reported income of $159.6m and spending of $140.2m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $101.4m to $159.6m (+57%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bristol Bay Area Health Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AK. Charities of a similar size with the same main cause include Montage Health ($159.1m), Beth Israel Lahey Health Pharmacy Inc ($159.9m) and Umass Memorial Health Care Inc ($159.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $4.9m (3.5% of expenses). Other salaries and wages came to $45.1m. At year end it held assets of $249.1m against liabilities of $13.2m, net assets of $235.9m. It reported 469 employees.