Norman Regional Health Foundation

Analysis

Norman Regional Health Foundation is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in May 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 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, Norman Regional Health Foundation reported income of $2.0m and spending of $1.4m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $650k to $2.0m (+203%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Norman Regional Health Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Heartland Community Health Network Inc ($2.0m), Texas Harm Reduction Alliance ($2.0m) and Colorado Behavioral Healthcare Council ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $5.5m against liabilities of $447k, net assets of $5.0m.