Health Connected
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
Where the income comes from
- Contributions & grants 34%
- Program services 57%
- Other 9.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Acton Academy | Austin | $1.7m |
| Charlotte Mason Schools International Inc | Fredericksbrg | $1.7m |
| Vista Learning NFP | Plainfield | $1.7m |
| Hope Academy Baltimore Inc | Baltimore | $1.7m |