Neighborhood Health Association of Toledo Inc

Analysis

Neighborhood Health Association of Toledo Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Neighborhood Health Association of Toledo Inc reported income of $12.4m and spending of $11.4m, spending 91% of its income. Across the 4 years on record, from November 2018 to November 2023, income grew from $9.8m to $12.4m (+27%), an average of +8.2% a year. The sharpest change came in the year to November 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neighborhood Health Association of Toledo 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 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Sunrise Clinics ($12.4m), Community Health Corporation ($12.4m) and Innis Community Health Center Inc ($12.4m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $467k (4.1% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $23.3m against liabilities of $8.5m, net assets of $14.8m. It reported 154 employees.