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Teen Health Connection

RegisteredEIN 56-1719715Charlotte, NCHealth and saving lives
Income$3.1m2023-12
Spending$2.8msame year
Spent / received92%5-year average
Size in its cause75th pctHealth and saving lives
Exempt since1991Publicly supported organisat
Employees0latest return

Analysis

Teen Health Connection is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 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 December 2023, Teen Health Connection reported income of $3.1m and spending of $2.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.1m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Teen Health Connection sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Cerebal Palsy Associations of New York State Inc ($3.1m), Lowcountry Center for Veterans Research ($3.1m) and Medicine Wheel Recovery Services ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $153k (5.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.8m against liabilities of $1.2m, net assets of $2.6m.

Income and spending

$0$764k$1.5m$2.3m$3.1m2019 Income: $2,099,5182019 Spending: $2,225,00120192020 Income: $2,548,9922020 Spending: $1,686,29020202021 Income: $2,300,3842021 Spending: $2,310,42220212022 Income: $2,668,7882022 Spending: $2,612,55520222023 Income: $3,054,5202023 Spending: $2,819,3042023
IncomeSpending

Where the income comes from

  • Contributions & grants 59%
  • Program services 40%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Cerebal Palsy Associations of New York State IncCohoes$3.1m
Lowcountry Center for Veterans ResearchCharleston$3.1m
Medicine Wheel Recovery ServicesSaint Helens$3.1m
Anson Regional Medical Services IncWadesboro$3.1m