Health Ventures

Analysis

Health Ventures is a registered charity in United States, based in Vancouver, WA. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Health Ventures reported income of $11.8m and spending of $10.1m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $11.8m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Ventures sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Sterling Area Health Center ($11.8m), Presbyterian Homes Hospice Inc ($11.8m) and Squirrel Hill Health Center ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $42.8m against liabilities of $269k, net assets of $42.5m.