Healthport

Analysis

Healthport is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healthport reported income of $29.2m and spending of $18.6m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $29.2m (+499%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 238%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthport sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Holzer Medical Center-Jackson ($29.1m), Community Health Centers of Southeastern Iowa Inc ($29.2m) and Coastal Family Health Center Inc ($29.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $753k (4.1% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $20.3m against liabilities of $6.1m, net assets of $14.2m. It reported 234 employees.