Future Generations Health Care Foundation

Analysis

Future Generations Health Care Foundation is a registered charity in United States, based in David City, NE. It received its IRS tax-exemption ruling in April 1993, 33 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 June 2024, Future Generations Health Care Foundation reported income of $499k and spending of $267k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $213k to $499k (+134%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 69%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Future Generations Health Care Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NE. Charities of a similar size with the same main cause include D a R P Inc ($499k), Nursing Legacy Institute ($500k) and Athens Wellness Clinic Inc ($499k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.4% of the total. Other salaries and wages came to $102k. At year end it held assets of $3.6m against liabilities of $80k, net assets of $3.5m.