North Sound Accountable Community of Health

Analysis

North Sound Accountable Community of Health is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in April 2018, 8 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 December 2023, North Sound Accountable Community of Health reported income of $13.6m and spending of $12.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $34.2m to $13.6m (-60%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Sound Accountable Community of Health sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Continuecare Hospital at Baptist Health LLC ($13.6m), Houston Regional HIV AIDS Resource Group Inc ($13.6m) and Independence Care System Inc ($13.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $247k (1.9% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $47.6m against liabilities of $2.1m, net assets of $45.5m. It reported 45 employees.