NC Telehealth Network Association

Analysis

NC Telehealth Network Association is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in September 2019, 7 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, NC Telehealth Network Association reported income of $1.2m and spending of $883k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $864k to $1.2m (+36%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, NC Telehealth Network Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Appalachian Teen Challenge ($1.2m), Vermont Psychological Services Leitenberg Center for Evidence ($1.2m) and Solutions of Change ($1.2m).

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 $206k (23% of expenses). Other salaries and wages came to $194k. At year end it held assets of $3.1m against liabilities of $1.9m, net assets of $1.1m. It reported 3 employees.