Nehalem Bay Health Center and Pharmacy

Analysis

Nehalem Bay Health Center and Pharmacy is a registered charity in United States, based in Wheeler, OR. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nehalem Bay Health Center and Pharmacy reported income of $5.4m and spending of $5.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.4m (+97%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nehalem Bay Health Center and Pharmacy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Prairie Manor Inc ($5.4m), Hispanic Health Council Inc ($5.4m) and Humanistic Alternatives to Addiction Research and Treatment I ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $547k (10% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.4m against liabilities of $611k, net assets of $748k. It reported 60 employees.