Combined Health Agencies Drive Inc

Analysis

Combined Health Agencies Drive Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 2018, 8 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 June 2023, Combined Health Agencies Drive Inc reported income of $1.6m and spending of $1.5m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $1.6m (-0.6%), an average of -0.2% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Combined Health Agencies Drive Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NE. Charities of a similar size with the same main cause include Twin City Ambulance Service Inc ($1.6m), Partnership for the Future Inc ($1.6m) and United Way Alliance of the Mid Ohio Valley Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $177k (11% of expenses). Other salaries and wages came to $188k. At year end it held assets of $1.9m against liabilities of $1.0m, net assets of $834k. It reported 6 employees.