Journey Health Foundation

Analysis

Journey Health Foundation is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in May 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Journey Health Foundation reported income of $15.6m and spending of $3.3m, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $48.0m to $15.6m (-67%), an average of -24% a year. The sharpest change came in the year to December 2023, when income rose by 255%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Journey Health Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Janus Youth Programs Inc ($15.6m), Family Service Association of Lincoln ($15.6m) and St Simeons Episcopal Home Inc ($15.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $582k (18% of expenses). Other salaries and wages came to $151k. At year end it held assets of $115.4m against liabilities of $830k, net assets of $114.6m. It reported 4 employees.