Carolina-Honduras Health Foundation

Analysis

Carolina-Honduras Health Foundation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 1996, 30 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, Carolina-Honduras Health Foundation reported income of $319k and spending of $308k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $418k to $319k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carolina-Honduras Health Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Aeroangel Incorporated ($319k), Madison Free Clinic Inc ($319k) and Youth Substance Abuse Prevention Coalition ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 13% of the total. Other salaries and wages came to $86k. At year end it held assets of $700k against liabilities of $85k, net assets of $615k. It reported 3 employees.