New Direction Health Care Solutions

Analysis

New Direction Health Care Solutions is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in August 2021, 5 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, New Direction Health Care Solutions reported income of $629k and spending of $488k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $425k to $629k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Direction Health Care Solutions sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Office of Consumer Advocates Inc ($629k), Hope Life Center ($629k) and Friends of Sinners Inc ($629k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $78k (16% of expenses). Other salaries and wages came to $206k. At year end it held assets of $255k against liabilities of $18k, net assets of $237k. It reported 9 employees.