Northwest Health Foundation Fund II

Analysis

Northwest Health Foundation Fund II is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 2000, 26 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, Northwest Health Foundation Fund II reported income of $2.1m and spending of $8.5m, spending 410% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.1m (+70%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 1164%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwest Health Foundation Fund II 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 86th percentile, and in the 87th percentile within OR. Charities of a similar size with the same main cause include Central Ohio Hospital Council ($2.1m), Morgan Adams Foundation ($2.1m) and Aim-Hi Accelerator Fund Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $266k (3.1% of expenses). Other salaries and wages came to $290k. At year end it held assets of $15.0m against liabilities of $5.4m, net assets of $9.5m.