National Healthcare Research and Education Finance Corporation

Analysis

National Healthcare Research and Education Finance Corporation is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, National Healthcare Research and Education Finance Corporation reported income of $4.4m and spending of $4.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.6m to $4.4m (-65%), an average of -23% a year. The sharpest change came in the year to December 2022, when income rose by 55110%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Healthcare Research and Education Finance Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Mercy Health ($4.4m), Serenity Lane Health Services ($4.4m) and Sheltering Arms Corporation ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $73.1m against liabilities of $77.1m, net assets of -$4.0m.