Healthcore Qalicb Inc

Analysis

Healthcore Qalicb Inc is a registered charity in United States, based in Wichita, KS. 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healthcore Qalicb Inc reported income of $9.5m and spending of $700k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $9.5m (+3223%), an average of +140% a year. The sharpest change came in the year to December 2023, when income rose by 3245%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthcore Qalicb Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KS. Charities of a similar size with the same main cause include Spiritt Family Services ($9.5m), Bridge House Corporation ($9.5m) and Groton Community Health Care Center Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 1.5% of the total. At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.