Healthy Start Momcare Network Inc

Analysis

Healthy Start Momcare Network Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Healthy Start Momcare Network Inc reported income of $47.9m and spending of $47.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.5m to $47.9m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healthy Start Momcare Network Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include All My Children Day Care and Nursery School ($47.8m), John Knox Village of Central Florida Inc ($47.9m) and The 3000 Club ($47.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $350k (0.7% of expenses). Other salaries and wages came to $94k. At year end it held assets of $17.6m against liabilities of $14.1m, net assets of $3.6m. It reported 14 employees.