Guilford Adult Health Inc

Analysis

Guilford Adult Health Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in December 2003, 23 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 September 2023, Guilford Adult Health Inc reported income of $1.3m and spending of $1.1m, spending 80% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $905k to $1.3m (+47%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 74%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Guilford Adult Health Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Lower Valley Ambulance Service ($1.3m), Hypertrophic Cardiomyopathy Association ($1.3m) and James Lawrence Kernan Hospital Endowment Fund Incorporated ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.3% of the total. At year end it held assets of $2.0m against liabilities of $122k, net assets of $1.8m.