Impact Health

Analysis

Impact Health is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in June 2022, 4 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, Impact Health reported income of $14.2m and spending of $11.1m, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $6.6m to $14.2m (+115%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Impact Health sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Mercy Hospital Ozark ($14.2m), Cavalier County Memorial Hospital Association ($14.2m) and Sharon S Richardson Community Hospice Inc ($14.2m).

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 $1.5m. At year end it held assets of $10.4m against liabilities of $185k, net assets of $10.2m. It reported 13 employees.