Citybridge Health Foundation

Analysis

Citybridge Health Foundation is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in July 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 June 2024, Citybridge Health Foundation reported income of $606k and spending of $671k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $588k to $606k (+3.0%), an average of +3.0% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Citybridge Health Foundation 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 77th percentile within TX. Charities of a similar size with the same main cause include Winners Foundation ($606k), Anchor Homes ($606k) and AIDS Project of Southern Vermont Inc ($606k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $85k (13% of expenses). Other salaries and wages came to $278k. At year end it held assets of $88k against liabilities of $207k, net assets of -$119k. It reported 7 employees.