Ahsnf Inc

Analysis

Ahsnf Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ahsnf Inc reported income of $35.0m and spending of $62.2m, spending 178% of what it took in. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 162% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ahsnf Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include The Bethel Springvale Nursing Home Inc ($35.0m), Health West Inc ($35.0m) and North Central Texas Community Health Care Center Inc ($35.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $27.1m. At year end it held assets of $32.2m against liabilities of $83.7m, net assets of -$51.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.