Foundation for Community Impact & Health Equity

Analysis

Foundation for Community Impact & Health Equity is a registered charity in United States, based in Ridgeway, SC. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Community Impact & Health Equity reported income of $361k and spending of $352k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $134k to $361k (+169%), an average of +64% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Community Impact & Health Equity sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within SC. Charities of a similar size with the same main cause include SCCH Fitness Center Inc ($361k), Chandler Care Center Childrens Medical and Dental Clinic Inc ($361k) and American Academy of Pediatrics Maine Chapter Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $266k (75% of expenses). Other salaries and wages came to $7,752. At year end it held assets of $86k against liabilities of $0, net assets of $86k. It reported 14 employees.