Foundation for Health Care Quality

Analysis

Foundation for Health Care Quality is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Foundation for Health Care Quality reported income of $2.5m and spending of $2.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.5m (+24%), an average of +5.6% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Health Care Quality sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include End Mass Overdose Inc ($2.5m), Nami Keystone Pennsylvania ($2.5m) and Home Life Styles Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $268k (12% of expenses). Other salaries and wages came to $666k. At year end it held assets of $1.6m against liabilities of $441k, net assets of $1.1m. It reported 10 employees.