Akron Health Care

Akron Health Care consistently grows assets with low expenses and no executive compensation.

EIN: 200462836 · Akron, IA · NTEE: E32 · Updated: 2026-03-28

$97KRevenue
$947KAssets
95/100Mission Score (Excellent)
E32

Is Akron Health Care Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Akron Health Care directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Akron Health Care

Akron Health Care (EIN: 200462836) is a nonprofit organization based in Akron, IA, classified under NTEE code E32. The organization reported total revenue of $97K and total assets of $947K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Akron Health Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Akron Health Care demonstrates consistent financial stability with a strong asset base relative to its annual revenue. Over the past several years, the organization has consistently reported revenues around $96,900 to $104,975, while maintaining expenses significantly lower than revenue, leading to substantial growth in assets. For example, in 2023, with revenue of $96,900 and expenses of $29,738, the organization added significantly to its assets, which grew from $811,517 in 2022 to $878,679 in 2023. This indicates efficient management of resources and a healthy financial position. The organization's spending efficiency appears very strong, with expenses consistently well below revenue. In 2023, expenses were only 30.69% of revenue ($29,738 / $96,900). This suggests a high proportion of funds are being retained or invested, rather than spent on operational costs. The consistent reporting of zero liabilities in recent years (2020-2023) further underscores its robust financial health and responsible fiscal management. The absence of officer compensation also points to a volunteer-driven leadership model, enhancing trust and demonstrating a commitment to minimizing administrative overhead. Transparency is high given the consistent filing of IRS Form 990s over 13 periods and the clear financial data provided. The consistent growth in assets, from $684,935 in 2014 to $878,679 in 2023, while maintaining low expenses and zero officer compensation, paints a picture of a well-managed and financially prudent organization. The organization's ability to operate with such low expenses relative to its revenue, and without executive compensation, is a significant positive indicator.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Akron Health Care with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Akron Health Care allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Akron Health Care reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one where executive roles are not compensated, which is highly favorable for donor confidence and resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Akron Health Care:

Frequently Asked Questions about Akron Health Care

Is Akron Health Care a legitimate charity?

Based on AI analysis of IRS 990 filings, Akron Health Care (EIN: 200462836) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Akron Health Care spend its money?

Akron Health Care directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Akron Health Care tax-deductible?

Akron Health Care is registered as a tax-exempt nonprofit (EIN: 200462836). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Akron Health Care a good charity?

Based on the provided financial data, Akron Health Care appears to be a very good charity. It consistently operates with low expenses relative to its revenue, has a strong and growing asset base, and reports no officer compensation, suggesting efficient use of funds and a volunteer-driven model.

How does Akron Health Care manage its finances?

Akron Health Care manages its finances very conservatively and efficiently. It consistently generates more revenue than it spends, leading to significant asset growth (e.g., assets grew from $811,517 in 2022 to $878,679 in 2023). The organization also maintains zero liabilities in recent years and has no reported officer compensation.

What is Akron Health Care's program spending efficiency?

While specific program spending details are not provided, the overall expense ratio is extremely low. For example, in 2023, total expenses were only $29,738 against $96,900 in revenue. This suggests a very high proportion of funds are either directly applied to programs or retained for future programmatic use, indicating excellent efficiency.

Filing History

IRS 990 filing history for Akron Health Care showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Akron Health Care's revenue has grown by 0%, moving from $97K to $97K. Total assets increased by 16.6% over the same period, from $754K to $879K. Total functional expenses fell by 29.2%, from $42K to $30K. In its most recent filing year (2023), Akron Health Care reported a surplus of $67K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $97K $30K $879K $0
2022 $97K $29K $812K $0 View 990
2021 $97K $72K $744K $0 View 990
2020 $105K $54K $719K $0
2019 $101K $61K $669K $0 View 990
2018 $97K $24K $628K $0 View 990
2017 $97K $26K $616K $61K View 990
2016 $97K $29K $639K $155K View 990
2015 $89K $31K $662K $245K View 990
2014 $105K $35K $685K $326K View 990
2013 $89K $35K $708K $419K View 990
2012 $97K $36K $731K $496K View 990
2011 $97K $42K $754K $580K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Akron Health Care is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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