The Healthcare Council Inc

Analysis

The Healthcare Council Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Healthcare Council Inc reported income of $215k and spending of $211k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $215k (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Healthcare Council Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Broken Wall Project ($215k), The Joy Fund Foundation ($215k) and Bucks County Symphony Society ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 22% of the total. Other salaries and wages came to $81k. At year end it held assets of $381k against liabilities of $94k, net assets of $288k.