Health First Foundation Inc

Analysis

Health First Foundation Inc is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in May 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, Health First Foundation Inc reported income of $2.3m and spending of $2.8m, spending 120% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income grew from $1.3m to $2.3m (+76%), an average of +33% a year. The sharpest change came in the year to September 2023, when income rose by 98%. Over the whole period it spent 190% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health First Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Windsor Volunteer Ambulance Inc ($2.3m), St Agnes Hospital Foundation Inc ($2.3m) and Dartnet Institute ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $372k (13% of expenses). Other salaries and wages came to $694k. It paid $93k in professional fundraising fees. At year end it held assets of $12.6m against liabilities of $515k, net assets of $12.1m.

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.