Trusted Health Network

Analysis

Trusted Health Network is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in July 1997, 29 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 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, Trusted Health Network reported income of $66k and spending of $74k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $66k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trusted Health Network sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within CO. Charities of a similar size with the same main cause include Foster Ocular Immunology Society ($66k), Corporate Body of the Colorado Springs Area Service Office ($66k) and Earth-Spirit Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. At year end it held assets of $9,925 against liabilities of $1,754, net assets of $8,171.