Foundation For Community Health Inc
Foundation For Community Health Inc consistently spends more than its annual revenue, drawing on substantial assets.
EIN: 200057897 · Sharon, CT · NTEE: E19 · Updated: 2026-03-28
Is Foundation For Community Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For Community Health Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation For Community Health Inc
Foundation For Community Health Inc (EIN: 200057897) is a nonprofit organization based in Sharon, CT, classified under NTEE code E19. The organization reported total revenue of $2.1M and total assets of $39.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Community Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation For Community Health Inc with a Mission Score of 85 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
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Foundation For Community Health Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly favorable, suggesting a strong commitment to directing resources towards programmatic activities rather than administrative salaries.
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.
Red Flags
The following concerns were identified during AI analysis of Foundation For Community Health Inc's IRS 990 filings:
- Consistent annual expenses exceeding revenue, potentially drawing down assets (e.g., 2023: Expenses $1.69M vs. Revenue $0.47M; 2022: Expenses $1.73M vs. Revenue $1.00M).
Strengths
The following positive indicators were identified for Foundation For Community Health Inc:
- Substantial asset base of $36,539,410 (2023) provides financial stability.
- 0% officer compensation reported across all filings, indicating strong financial stewardship and mission focus.
- Low liabilities relative to assets (e.g., $95,854 in 2023 against $36.5M assets), suggesting good financial management.
Frequently Asked Questions about Foundation For Community Health Inc
Is Foundation For Community Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Community Health Inc (EIN: 200057897) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Foundation For Community Health Inc spend its money?
Foundation For Community Health Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Foundation For Community Health Inc tax-deductible?
Foundation For Community Health Inc is registered as a tax-exempt nonprofit (EIN: 200057897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Foundation For Community Health Inc financially sustainable given its recurring revenue deficits?
While the organization frequently reports expenses exceeding revenue, its substantial asset base of $36,539,410 (2023) provides a buffer. This pattern is common for foundations that distribute grants from an endowment. However, sustained deficits could erode the endowment over time if not managed carefully.
What is the primary source of the organization's revenue?
Given the NTEE code and the pattern of expenses exceeding revenue, it is highly probable that a significant portion of the revenue comes from investment returns on its substantial assets, rather than public fundraising or program service fees.
How does the organization ensure its long-term financial health with consistent spending exceeding revenue?
The organization likely relies on its endowment's investment performance to cover operational and grant-making expenses. Prudent investment management and a clear spending policy are crucial to ensure the long-term viability of the foundation and its ability to continue its mission.
Filing History
IRS 990 filing history for Foundation For Community Health Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foundation For Community Health Inc's revenue has declined by 78.8%, moving from $2.2M to $466K. Total assets increased by 61.9% over the same period, from $22.6M to $36.5M. Total functional expenses rose by 23.4%, from $1.4M to $1.7M. In its most recent filing year (2023), Foundation For Community Health Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $96K in liabilities against $36.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $36.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $466K | $1.7M | $36.5M | $96K | — | — |
| 2022 | $1.0M | $1.7M | $32.6M | $227K | — | View 990 |
| 2021 | $1.4M | $1.7M | $30.6M | $125K | — | View 990 |
| 2020 | $2.0M | $1.6M | $27.9M | $976K | — | View 990 |
| 2019 | $1.7M | $2.9M | $25.9M | $942K | — | View 990 |
| 2018 | $1.2M | $1.8M | $23.6M | $489K | — | View 990 |
| 2017 | $2.3M | $4.4M | $25.6M | $367K | — | View 990 |
| 2016 | $879K | $1.2M | $25.5M | $353K | — | View 990 |
| 2015 | $1.1M | $1.4M | $24.6M | $279K | — | View 990 |
| 2014 | $2.1M | $3.3M | $25.3M | $94K | — | View 990 |
| 2013 | $1.1M | $1.5M | $26.7M | $281K | — | View 990 |
| 2012 | $1.3M | $1.5M | $24.3M | $337K | — | View 990 |
| 2011 | $2.2M | $1.4M | $22.6M | $289K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $466K, expenses of $1.7M, and assets of $36.5M (revenue -53.6% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.7M, and assets of $32.6M (revenue -26.4% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.7M, and assets of $30.6M (revenue -30.5% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.6M, and assets of $27.9M (revenue +15.4% year-over-year).
- 2019: Revenue of $1.7M, expenses of $2.9M, and assets of $25.9M (revenue +36.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.8M, and assets of $23.6M (revenue -45.8% year-over-year).
- 2017: Revenue of $2.3M, expenses of $4.4M, and assets of $25.6M (revenue +160.9% year-over-year).
- 2016: Revenue of $879K, expenses of $1.2M, and assets of $25.5M (revenue -19.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.4M, and assets of $24.6M (revenue -47.5% year-over-year).
- 2014: Revenue of $2.1M, expenses of $3.3M, and assets of $25.3M (revenue +82.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.5M, and assets of $26.7M (revenue -12.4% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.5M, and assets of $24.3M (revenue -40.7% year-over-year).
- 2011: Revenue of $2.2M, expenses of $1.4M, and assets of $22.6M.
Data Sources and Methodology
This transparency report for Foundation For Community Health Inc 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.