The Central Benefits Health Care Foundation

Analysis

The Central Benefits Health Care Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 1997, 29 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Central Benefits Health Care Foundation reported income of $424k and spending of $632k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $424k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Central Benefits Health Care Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Ministry Office ($424k), Laguna Honda Hospital Volunteers Inc ($424k) and Bridge Builders Education Corporation ($424k).

At year end it held assets of $8.6m against liabilities of $100k, net assets of $8.5m.