FSHNC Inc

Analysis

FSHNC Inc is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in June 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, FSHNC Inc reported income of $249k and spending of $146k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $324k to $249k (-23%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, FSHNC Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Longboat Key Center for Healthy Living Inc ($249k), Ellsworth Free Medical Clinic ($249k) and Face-To-Face AIDS Project Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $33k. At year end it held assets of $943k against liabilities of $722, net assets of $942k. It reported 4 employees.