Health Facilities Inc

Analysis

Health Facilities Inc is a registered charity in United States, based in Trenton, FL. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Health Facilities Inc reported income of $10.0m and spending of $9.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.5m to $10.0m (+18%), an average of +4.2% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Facilities Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Counseling in Schools Inc ($10.0m), Meritus Healthcare Foundation Inc ($10.0m) and Carmelite Sisters of the Divine Heart of Jesus of Ind ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $7.2m against liabilities of $4.0m, net assets of $3.1m. It reported 215 employees.