Foundation for Community Health Inc

Analysis

Foundation for Community Health Inc is a registered charity in United States, based in Sharon, CT. It received its IRS tax-exemption ruling in August 2014, 12 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Community Health Inc reported income of $466k and spending of $1.7m, spending 363% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $466k (-73%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 149% 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 Community Health Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include The Sobriety Resource Inc ($466k), Wisconsin Meaningful Alternatives Incorporated ($466k) and Mayan Health Initiative NFP ($466k).

Compensation of current officers, directors and key employees was $250k (15% of expenses). Other salaries and wages came to $222k. At year end it held assets of $36.5m against liabilities of $96k, net assets of $36.4m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.