Sturdy Health Foundation Inc

Analysis

Sturdy Health Foundation Inc is a registered charity in United States, based in Attleboro, MA. It received its IRS tax-exemption ruling in January 1956, 70 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Sturdy Health Foundation Inc reported income of $6.3m and spending of $3.3m, leaving 48% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.2m to $6.3m (+48%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 57%. Over the whole period it spent 45% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sturdy Health Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Moosilauke Visions Inc ($6.3m), Homies Organizing the Mission to Empower Youth Homey ($6.3m) and Mosaic Family Services Inc ($6.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.8% and program service revenue 50% of the total. Other salaries and wages came to $326k. It paid $32k in professional fundraising fees. At year end it held assets of $67.8m against liabilities of $152k, net assets of $67.7m. It reported 3 employees.