Healthfirst Network Inc

Analysis

Healthfirst Network Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in June 1982, 44 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healthfirst Network Inc reported income of $5.1m and spending of $4.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.1m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthfirst Network Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Milestone Recovery ($5.1m), Pasadena Health Center Inc ($5.1m) and Red Barn Farms ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $5.0m against liabilities of $1.1m, net assets of $3.9m. It reported 53 employees.