Health Equity Council

Analysis

Health Equity Council is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 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 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, Health Equity Council reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $794k to $1.1m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Equity Council sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NM. Charities of a similar size with the same main cause include Community Health Challenge of South Western Pennsylvania ($1.1m), Hope Unlimited Family Care Center ($1.1m) and Kentucky Health Justice Network Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $72k (6.8% of expenses). Other salaries and wages came to $425k. At year end it held assets of $333k against liabilities of $205k, net assets of $128k. It reported 12 employees.