National Minority Health Association

Analysis

National Minority Health Association is a registered charity in United States, based in Owings Mills, MD. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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, National Minority Health Association reported income of $299k and spending of $438k, spending 146% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $7.2m to $299k (-96%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 93%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Minority Health Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include White Oak Land Conservation Society Inc ($299k), Louisiana Oncology Society ($299k) and Jonathan Alder Boosters Club Inc ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (28% of expenses). Other salaries and wages came to $77k. At year end it held assets of $299k against liabilities of $204k, net assets of $95k. It reported 7 employees.