Neighborcare Health Foundation

Analysis

Neighborcare Health Foundation is a registered charity in United States, based in Seattle, WA. 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, Neighborcare Health Foundation reported income of $686k and spending of $607k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $486k to $686k (+41%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 758%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neighborcare Health Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Community Supported Anthroposophica L Medicine ($686k), The Tristesse Grief Center Inc ($686k) and Fostering the Light Foundation ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $224k. At year end it held assets of $247k against liabilities of $102k, net assets of $145k.