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Health Connected

RegisteredEIN 94-3227947E Palo Alto, CAEducation and training
Income$1.7m2023-06
Spending$1.8msame year
Spent / received90%5-year average
Size in its cause81st pctEducation and training
Exempt since1995Publicly supported organisat
Employees27latest return

Analysis

Health Connected is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Health Connected reported income of $1.7m and spending of $1.8m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.7m (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Health Connected sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Acton Academy ($1.7m), Charlotte Mason Schools International Inc ($1.7m) and Vista Learning NFP ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $141k (7.9% of expenses). Other salaries and wages came to $1.2m. It paid $1,500 in professional fundraising fees. At year end it held assets of $981k against liabilities of $145k, net assets of $836k. It reported 27 employees.

Income and spending

$0$444k$888k$1.3m$1.8m2019 Income: $1,032,2872019 Spending: $1,135,29120192020 Income: $1,128,4842020 Spending: $1,064,33920202021 Income: $1,534,1432021 Spending: $1,123,16220212022 Income: $1,675,3352022 Spending: $1,263,29020222023 Income: $1,663,5352023 Spending: $1,776,0312023
IncomeSpending

Where the income comes from

  • Contributions & grants 34%
  • Program services 57%
  • Other 9.1%

Similar-sized charities, same cause

CharityLocationIncome
Acton AcademyAustin$1.7m
Charlotte Mason Schools International IncFredericksbrg$1.7m
Vista Learning NFPPlainfield$1.7m
Hope Academy Baltimore IncBaltimore$1.7m