Health Care Transformation Task Force Inc

Analysis

Health Care Transformation Task Force Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2016, 10 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 September 2023, Health Care Transformation Task Force Inc reported income of $971k and spending of $1.2m, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.4m to $971k (-30%), an average of -8.5% a year. The sharpest change came in the year to September 2023, when income dropped by 29%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Care Transformation Task Force Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Beaver Island Rural Health Center ($971k), Facial Pain Research Foundation Inc ($971k) and Crosswinds Recovery ($971k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $682k (55% of expenses). Other salaries and wages came to $324k. At year end it held assets of $169k against liabilities of $249k, net assets of -$80k. It reported 5 employees.