Nemaha Valley Health Care Foundation

Analysis

Nemaha Valley Health Care Foundation is a registered charity in United States, based in Seneca, KS. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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, Nemaha Valley Health Care Foundation reported income of $489k and spending of $1.8m, spending 363% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $2.4m to $489k (-80%), an average of -80% a year. The sharpest change came in the year to June 2023, when income dropped by 80%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nemaha Valley Health Care Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KS. Charities of a similar size with the same main cause include Metro Towers Inc ($489k), Nami Mercer NJ Inc ($489k) and California Careforce ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.2m against liabilities of $1,205, net assets of $1.2m.