Healthspan Partners

Analysis

Healthspan Partners is a registered charity in United States, based in Blue Ash, OH. It received its IRS tax-exemption ruling in March 2015, 11 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healthspan Partners reported income of $19.6m and spending of $19.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.0m to $19.6m (+146%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 1271%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthspan Partners 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 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include National Association on Drug Abuse Problems New York State Inc ($19.6m), Torrance Memorial Medical Center Health Care Foundation ($19.6m) and Arkansas Childrens Medical Group PLLC ($19.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. At year end it held assets of $618.4m against liabilities of $520.3m, net assets of $98.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.