Emc Health Foundation

Analysis

Emc Health Foundation is a registered charity in United States, based in Turlock, CA. It received its IRS tax-exemption ruling in April 2017, 9 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 March 2023, Emc Health Foundation reported income of $4.5m and spending of $3.0m, leaving 33% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income fell from $6.3m to $4.5m (-29%), an average of -11% a year. The sharpest change came in the year to March 2022, when income dropped by 32%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Emc Health Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Treehouse Inc ($4.5m), Rhode Island Health Center Association Incorporated ($4.5m) and Modern Minds ($4.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $797k (26% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $16.6m against liabilities of $267k, net assets of $16.3m. It reported 35 employees.