Core Health

Analysis

Core Health is a registered charity in United States, based in Longview, WA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Core Health reported income of $12.7m and spending of $10.5m, spending 83% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $4.4m to $12.7m (+190%), an average of +43% a year. The sharpest change came in the year to June 2020, when income rose by 80%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Core Health sits at the 85th percentile: it is larger than about 85% 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 Northeast Washington County Community Health Inc ($12.7m), Community Nurse Inc ($12.7m) and St Marys Ems ($12.6m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (0.9% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $10.3m against liabilities of $2.7m, net assets of $7.7m. It reported 184 employees.