Healthfinders Collaborative Inc

Analysis

Healthfinders Collaborative Inc is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in December 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 September 2023, Healthfinders Collaborative Inc reported income of $2.0m and spending of $2.8m, spending 141% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.8m to $2.0m (-28%), an average of -8.0% a year. The sharpest change came in the year to September 2022, when income rose by 55%. 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, Healthfinders Collaborative Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Greater Chattanooga Inc ($2.0m), Compeer West Inc ($2.0m) and Neurosurgery Research and Education Foundation ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $154k (5.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.0m against liabilities of $1.4m, net assets of $1.6m. It reported 38 employees.