Tidalhealth Foundation Inc

Analysis

Tidalhealth Foundation Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in May 1994, 32 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 2023, Tidalhealth Foundation Inc reported income of $2.1m and spending of $4.7m, spending 218% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.1m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tidalhealth Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Bridging Voice Inc ($2.1m), Recovery Centers Inc ($2.1m) and Jefferson County Ems Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $10.6m against liabilities of $262k, net assets of $10.3m.