Minority Health Consortium

Analysis

Minority Health Consortium is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 1990, 36 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 December 2023, Minority Health Consortium reported income of $389k and spending of $387k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $389k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Minority Health Consortium sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Holy Name of Jesus Hospital Trust ($388k), Wishes Can Happen Inc ($389k) and Sidneys Incredible Defeat of Ewings Sarcoma Inc ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (20% of expenses). At year end it held assets of $63k against liabilities of $39k, net assets of $24k. It reported 19 employees.