North Carolina Healthcare Quality Alliance Inc

Analysis

North Carolina Healthcare Quality Alliance Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in August 2010, 16 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, North Carolina Healthcare Quality Alliance Inc reported income of $775k and spending of $768k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $229k to $775k (+239%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Carolina Healthcare Quality Alliance Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Punxsutawney Medical Services Inc ($775k), Greek American Health Services Foundation ($775k) and Sages Army Inc ($775k).

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 $160k (21% of expenses). At year end it held assets of $365k against liabilities of $124k, net assets of $241k. It reported 2 employees.