Charitable Healthcare Network Inc

Analysis

Charitable Healthcare Network Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 2002, 24 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, Charitable Healthcare Network Inc reported income of $2.7m and spending of $2.6m, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $658k to $2.7m (+309%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 580%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charitable Healthcare Network Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Holman Recovery Center ($2.7m), Brain Injury Association of Colorado Inc ($2.7m) and Health and Medicine Policy Research Group ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $159k (6.2% of expenses). Other salaries and wages came to $364k. At year end it held assets of $8.0m against liabilities of $446k, net assets of $7.5m. It reported 18 employees.