Community Health Network Foundation Inc

Analysis

Community Health Network Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1976, 50 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 (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Health Network Foundation Inc reported income of $19.6m and spending of $18.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.7m to $19.6m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health Network Foundation Inc 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 IN. Charities of a similar size with the same main cause include Regalorx Inc ($19.6m), Riggs Community Health Center Inc ($19.6m) and Apicha Community Health Center ($19.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $1.0m (5.5% of expenses). Other salaries and wages came to $2.2m. It paid $240k in professional fundraising fees. At year end it held assets of $99.3m against liabilities of $11.9m, net assets of $87.5m. It reported 20 employees.