Southeastern Healthcare Foundation

Analysis

Southeastern Healthcare Foundation is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southeastern Healthcare Foundation reported income of $6.5m and spending of $6.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $345k to $6.5m (+1783%), an average of +108% a year. The sharpest change came in the year to June 2020, when income rose by 2459%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southeastern Healthcare Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Breastcancer Org ($6.5m), Amethyst Place Inc ($6.5m) and New York Council on Problem Gambling Inc ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $17.8m against liabilities of $14.4m, net assets of $3.4m.