Nonprofit screen
Screen a listBallad Health
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Type II
$130Mrevenue
FY2025 · +43% in 3 yrs2,394staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin26.8%
Months of reserve5.9mo
Revenue growth (annualized)+19.1%
Middle half of peersMedianBallad Health
Where the money goes FY2025 · $240M spent
Programs$240M251%Fundraising$342k0%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$13M in FY2023 and −$4.7M in FY2024. Cash covers 5.9 months, above the peer median of 0.5.
990 Part I and balance sheetIn its favor3
Strong governance
9 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 19% a year since FY2019, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 7 of its 7 returns, 3% of revenue in FY2025. $950k is traced federal awards from Department of Health and Human Services.
990 Part VIII · USAspending13funders
$271ka year, last 3 years
29%from its largest funder
Funder’18’19’20’21’22’23Breakthrough T1dOn and off$250kVanderbilt University Medical CenterSince FY2021$174k$31k$29kVirginia Hospital Research and Education FoundationSince FY2022$101k$119kWilliam Randolph Hearst FoundationOn and off$100kFoundation for Opioid Response EffortsStopped after FY2022$66k$7k–The Claude Moore Charitable FoundationOn and off$70kDonor-advised giftsDonors not disclosed$10k$65k$50k2 other fundersUp to $36k a year each$36k$1k
FundedThrough a donor-advised fundStopped