Highlands Cashiers Health Foundation

Analysis

Highlands Cashiers Health Foundation is a registered charity in United States, based in Highlands, NC. It received its IRS tax-exemption ruling in July 2008, 18 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, Highlands Cashiers Health Foundation reported income of $3.8m and spending of $2.3m, leaving 40% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income fell from $5.6m to $3.8m (-33%), an average of -7.6% a year. The sharpest change came in the year to December 2020, when income rose by 2346%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Highlands Cashiers Health Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Bridgehaven Inc ($3.8m), Heal the City Free Clinic ($3.8m) and Onslow Radiation Oncology LLC ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. Compensation of current officers, directors and key employees was $159k (7.0% of expenses). Other salaries and wages came to $163k. At year end it held assets of $28.3m against liabilities of $211k, net assets of $28.1m. It reported 4 employees.