North Point Health & Wellness Center Inc

Analysis

North Point Health & Wellness Center Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2004, 22 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, North Point Health & Wellness Center Inc reported income of $10.8m and spending of $11.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $10.8m (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Point Health & Wellness Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Mercyhealth Visiting Nurses Association Inc ($10.8m), National Fund for Christian Science Nursing ($10.8m) and Hospital for Extended Recovery ($10.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $139k (1.2% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $6.4m against liabilities of $484k, net assets of $5.9m. It reported 152 employees.