South County Health Foundation

Analysis

South County Health Foundation is a registered charity in United States, based in Wakefield, RI. It received its IRS tax-exemption ruling in February 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, South County Health Foundation reported income of $7.5m and spending of $807k, leaving 89% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $3.6m to $7.5m (+107%), an average of +107% a year. The sharpest change came in the year to September 2023, when income rose by 107%. Over the whole period it spent 15% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South County Health Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within RI. Charities of a similar size with the same main cause include American Association of Pharmaceutical Scientists ($7.5m), California Autism Foundation ($7.5m) and Baylor College of Medicine International Pediatric AIDS Initi ($7.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $538k. At year end it held assets of $17.9m against liabilities of $230k, net assets of $17.7m.