Stanly Health Foundation

Analysis

Stanly Health Foundation is a registered charity in United States, based in Albemarle, NC. It received its IRS tax-exemption ruling in October 1991, 35 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 September 2023, Stanly Health Foundation reported income of $501k and spending of $529k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $930k to $501k (-46%), an average of -14% a year. The sharpest change came in the year to September 2021, when income rose by 52%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stanly Health Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include California Mental Health Services Inc ($501k), Henry Schueler 41 & 9 Foundation ($501k) and Parkinson Foundation of Oklahoma ($501k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $13.6m against liabilities of $91k, net assets of $13.6m.