Networking Health Ltd

Analysis

Networking Health Ltd is a registered charity in United States, based in Glen Burnie, MD. It received its IRS tax-exemption ruling in January 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Networking Health Ltd reported income of $195k and spending of $387k, spending 199% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $275k to $195k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Networking Health Ltd sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Helen Hayes Hospital Foundation Inc ($195k), The Alyssa Araiza Wings of Angels Organization ($195k) and Family Medicine Midwest Foundation ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.