Nevada Health Foundation Inc

Analysis

Nevada Health Foundation Inc is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in August 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 May 2023, Nevada Health Foundation Inc reported income of $92k and spending of $70k, leaving 23% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $369k to $92k (-75%), an average of -29% a year. The sharpest change came in the year to May 2021, when income rose by 1692%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nevada Health Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within NV. Charities of a similar size with the same main cause include Task Force Hydro1 ($92k), Hogfarmers Charitable Foundation Inc ($92k) and Tower of Light Ministries ($92k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $341k against liabilities of $10k, net assets of $331k.