Banda Health

Analysis

Banda Health is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Banda Health reported income of $168k and spending of $140k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $250k to $168k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Banda Health sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Fuller Center for Housing Inc ($168k), Habitat for Humanity International Inc ($168k) and Bay Area Meals on Wheels Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. At year end it held assets of $350k against liabilities of $2,854, net assets of $347k.