Delaware Health Equity Coalition

Analysis

Delaware Health Equity Coalition is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in April 2022, 4 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Delaware Health Equity Coalition reported income of $667k and spending of $659k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $320k to $667k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware Health Equity Coalition sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within DE. Charities of a similar size with the same main cause include History Center of Lake Forest Lake Bluff ($667k), Electrical Joint Apprentice and Training Committee of Watertown Ny ($667k) and Lexington Ballet Company Inc ($667k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $330k (50% of expenses). Other salaries and wages came to $79k. At year end it held assets of $385k against liabilities of $24k, net assets of $361k. It reported 6 employees.