Klamath Health Partners Inc

Analysis

Klamath Health Partners Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in March 1998, 28 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, Klamath Health Partners Inc reported income of $17.3m and spending of $18.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.9m to $17.3m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Klamath Health Partners Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Southwest Healthcare Corporation ($17.3m), Hazen Memorial Hospital Association ($17.3m) and Schaffer Extended Care Center ($17.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.1m (5.6% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $13.3m against liabilities of $655k, net assets of $12.7m. It reported 214 employees.