Foundation for Healthy Communities
Analysis
Foundation for Healthy Communities is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in November 1968, 58 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Foundation for Healthy Communities reported income of $18.8m and spending of $17.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.2m to $18.8m (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 98% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Healthy Communities 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 97th percentile within NH. Charities of a similar size with the same main cause include Heritage Behavioral Health Center Inc ($18.8m), Alluma Inc ($18.8m) and Southwest Virginia Community Health Systems Incorporated ($18.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $214k (1.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.4m against liabilities of $1.1m, net assets of $3.3m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 3.9%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Heritage Behavioral Health Center Inc | Decatur | $18.8m |
| Alluma Inc | Crookston | $18.8m |
| Southwest Virginia Community Health Systems Incorporated | Meadowview | $18.8m |
| Puerto Rico Community for Clinical Services Research and Health | San Juan | $18.8m |