Trailhead Community Health Fund of Greater Akron

Analysis

Trailhead Community Health Fund of Greater Akron is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in May 2011, 15 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 2022, Trailhead Community Health Fund of Greater Akron reported income of $214.0m and spending of $184.3m, spending 86% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $156.8m to $214.0m (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trailhead Community Health Fund of Greater Akron sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Arh Tug Valley Health Services Inc ($213.4m), Saint Francis Hospital South LLC ($214.2m) and Hamaspik Choice Inc ($212.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 7.0% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $7.5m (4.0% of expenses). Other salaries and wages came to $58.0m. At year end it held assets of $950.5m against liabilities of $616.1m, net assets of $334.3m. It reported 1,240 employees.