Healthpoint Family Care Inc

Analysis

Healthpoint Family Care Inc is a registered charity in United States, based in Newport, KY. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healthpoint Family Care Inc reported income of $29.0m and spending of $28.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.1m to $29.0m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthpoint Family Care Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include Sacred Heart Rehabilitation Center Inc ($29.0m), Lenape Valley Foundation ($29.0m) and Carson Valley Childrens Aid ($29.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1.2m (4.1% of expenses). Other salaries and wages came to $16.3m. At year end it held assets of $37.6m against liabilities of $2.0m, net assets of $35.6m. It reported 582 employees.