Northeast Health Partners

Analysis

Northeast Health Partners is a registered charity in United States, based in Greeley, CO. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northeast Health Partners reported income of $78.5m and spending of $76.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $54.9m to $78.5m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northeast Health Partners sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Covenant Health Inc ($78.5m), Tampa Family Health Centers Inc ($78.6m) and Val Verde Hospital Corporation ($78.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $442k (0.6% of expenses). Other salaries and wages came to $681k. At year end it held assets of $42.2m against liabilities of $29.6m, net assets of $12.6m. It reported 13 employees.