Salem Health Foundation

Analysis

Salem Health Foundation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in January 1967, 59 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 June 2023, Salem Health Foundation reported income of $3.4m and spending of $2.7m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $3.4m (+191%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 251%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Salem Health Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Mann Medical Research Organization ($3.4m), Knox Winamac Community Health Centers Inc ($3.4m) and Alpha Center ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $11.7m against liabilities of $291k, net assets of $11.4m.