Friends Health Care Association

Analysis

Friends Health Care Association is a registered charity in United States, based in Yellow SPGS, OH. It received its IRS tax-exemption ruling in December 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends Health Care Association reported income of $8.2m and spending of $7.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $8.2m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends Health Care Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Native Americans for Community Action Inc ($8.2m), Childrens Home of Stockton ($8.2m) and The Arc of Fayette Lamar Marengo Counties Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $158k (2.1% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $8.7m against liabilities of $4.7m, net assets of $4.0m. It reported 112 employees.