Gulfcoast North Area Health Education Center Inc
Analysis
Gulfcoast North Area Health Education Center Inc is a registered charity in United States, based in Wesley Chapel, FL. It received its IRS tax-exemption ruling in January 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 June 2023, Gulfcoast North Area Health Education Center Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+3.7%), an average of +0.9% a year. Over the whole period it spent 105% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gulfcoast North Area Health Education Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Tasks Unlimited Inc ($1.3m), Recovery Community ($1.3m) and Colorado School Medicaid Consortium Inc ($1.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.7% of the total. Other salaries and wages came to $472k. At year end it held assets of $2.5m against liabilities of $277k, net assets of $2.2m. It reported 14 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 0.7%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tasks Unlimited Inc | Minneapolis | $1.3m |
| Recovery Community | Madison | $1.3m |
| Colorado School Medicaid Consortium Inc | Denver | $1.3m |
| Shady Rest Foundation Inc | Fort Myers | $1.3m |