Nantahala Health Foundation

Analysis

Nantahala Health Foundation is a registered charity in United States, based in Franklin, NC. It received its IRS tax-exemption ruling in May 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 (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, Nantahala Health Foundation reported income of $235k and spending of $426k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $235k (-95%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 93%. Over the whole period it spent 30% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nantahala Health Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Interdenominational Health Ministry Coalition ($235k), Kaufman Christian Help Center Inc ($235k) and Lone Star Association of Charitable Clinics Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $124k (29% of expenses). Other salaries and wages came to $70k. At year end it held assets of $12.3m against liabilities of $40k, net assets of $12.3m. It reported 2 employees.