Faith Regional Health Services Foundation

Analysis

Faith Regional Health Services Foundation is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith Regional Health Services Foundation reported income of $3.3m and spending of $704k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.3m (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faith Regional Health Services Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within NE. Charities of a similar size with the same main cause include Camphill Communities California ($3.3m), The International Waldenstroms Macroglobulinemia Foundation Inc ($3.3m) and Community Health for Asian Americans ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $18.9m against liabilities of $80k, net assets of $18.9m.