Neighborhood Health Care Network

Analysis

Neighborhood Health Care Network is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in April 1974, 52 years ago. 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, Neighborhood Health Care Network reported income of $1.9m and spending of $2.2m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.9m (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighborhood Health Care Network sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include United Way of Greater Fall River Inc ($1.9m), Historical Society of Washington DC ($1.9m) and Oak Hall ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $513k, net assets of $773k.