Anmed Health Foundation

Analysis

Anmed Health Foundation is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in February 2014, 12 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Anmed Health Foundation reported income of $2.6m and spending of $3.2m, spending 120% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.3m to $2.6m (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anmed Health Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include The Carousel Center Inc ($2.6m), Northwest Mothers Milk Bank ($2.6m) and The Georgia Wellness Group Inc ($2.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $225k. At year end it held assets of $5.3m against liabilities of $2.9m, net assets of $2.4m.