Great River Health Foundation Inc

Analysis

Great River Health Foundation Inc is a registered charity in United States, based in W Burlington, IA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Great River Health Foundation Inc reported income of $2.3m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $248k to $2.3m (+822%), an average of +74% a year. The sharpest change came in the year to June 2021, when income rose by 178%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Great River Health Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IA. Charities of a similar size with the same main cause include The Greenville Area Community Foundation ($2.3m), Serve Wyoming ($2.3m) and Hadar Bais Yaakov Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $4.5m against liabilities of $80k, net assets of $4.4m.