Gift of Health Foundation Corp

Analysis

Gift of Health Foundation Corp is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in May 2014, 12 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, Gift of Health Foundation Corp reported income of $210k and spending of $110k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $308k to $210k (-32%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gift of Health Foundation Corp sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Little Smiles Inc ($210k), International Association of Dental Traumatology ($210k) and Rhode Island Medical Society Foundation ($210k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $794k against liabilities of $7,500, net assets of $787k.