Havasu Community Health Foundation

Analysis

Havasu Community Health Foundation is a registered charity in United States, based in Lake Havasu City, AZ. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Havasu Community Health Foundation reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.8m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Havasu Community Health Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Central Pennsylvania Community Foundation ($2.8m), Kevin & Brittany Kisner Foundation ($2.8m) and Southwest Georgia United Empowerment Zone Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $28k (1.0% of expenses). Other salaries and wages came to $211k. At year end it held assets of $2.9m against liabilities of $226k, net assets of $2.7m. It reported 5 employees.