Faithhealth Appalachia Inc

Analysis

Faithhealth Appalachia Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in April 2020, 6 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 September 2023, Faithhealth Appalachia Inc reported income of $83k and spending of $106k, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $61k to $83k (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2022, when income rose by 461%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faithhealth Appalachia Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within WV. Charities of a similar size with the same main cause include Pink Ladies of the Galion Owls Club ($83k), 4 Steps Therapeutic Riding Program ($83k) and Lindenwood Community Volunteer Ambulance Corps Inc ($83k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.