Financing Alliance for Health
Public records show a registered, tax-exempt organization in good standing.
What it says it does
FINANCING ALLIANCE FOR HEALTH ("FAH") IS A PUBLIC NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF IOWA ON MARCH 27, 2020. IN AN EFFORT TO IMPROVE HEALTH FOR ALL, FAH PARTNERS WITH GOVERNMENTS ON ALL STEPS OF FINANCING TO STRENGTHEN AND SUSTAIN COMMUNITY HEALTH SYSTEMS, WHILE LEVERAGING PRIMARY HEALTH CARE TO ATTAIN UNIVERSAL HEALTH COVERAGE. THE ORGANIZATION AIMS TO SERVE AS A FACILIATATOR BETWEEN THE WORLDS OF FINANCE AND HEALTH IN GLOBAL SOUTH COUNTRIES SO AS TO PROVIDE VALUE-ADDED AND LONG-TERM EMBEDDED CAPACITY TO GOVERNMENTS IN DESIGNING AND FINANCING COMMUNITY HEALTH SYSTEMS.
- Income
- $13.5 million
- Spending
- $9.2 million
- Spent on programs
- 68%
- Reserves
- -2.3 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 36
- Volunteers
- 11
- Highest pay
- $207,734, ceo
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 61 out of 100. Higher than 34% of charities in its peer group (international, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
16 of 20It owes 26% of what it owns.
Living within its means
15 of 15Income exceeded spending by 32% of income.
Income trend
15 of 15Income rose 228% on the year before.
Spending floor
15 of 1568% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 30% of charities in its peer group (international, $10m to $100m).
Independent board
25 of 256 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $6.3 million spent. PROJECT-AFRICA FRONTLINE FIRST ("AFF") IS A COLLABORATIVE INITIATIVE BETWEEN THE FINANCING ALLIANCE FOR HEALTH, COMMUNITY HEALTH IMPACT COALITION, LAST MILE HEALTH, AND THE COMMUNITY HEALTH ACCELERATION PARTNERSHIP UNDER THE CHAMPIONSHIP OF H.E. ELLEN JOHNSON SIRLEAF THATWILL SCALE AND STRENGTHEN INTEGRATED AND SUSTAINABLE COMMUNITY HEALTH SERVICE DELIVERY ACROSS 10 SUB SAHARAN AFRICAN COUNTRIES BY 2030.THROUGH UNIQUE PARTNERSHIPS AMONG GOVERNMENTS, DONORS, IMPLEMENTERS, AND TECHNICAL ALLIES, AFF WILL SUPPORT THE BUILDING OF A HIGHFUNCTIONING,RESILIENT AND COUNTRYLED WORKFORCE OF 200,000 COMMUNITY HEALTH WORKERS, WHO WILL PROVIDE 100 MILLION PEOPLE WITH HOMEBASED HEALTH: REDUCING SICKNESS AND SAVING LIVES, PREVENTING FUTURE PANDEMICS, ACCELERATING ECONOMIC RECOVERY AND PROVIDING DIGNIFIED WORK FOR WOMEN.MUSO HEALTH IS A SUB GRANT TO CONTINUE THE WORK FOR AFRICA FRONTLINE FIRST. THIS SUB GRANT WAS A CONDITION OF THE GATES GRANT. ACCOMPLISHMENTS FOR 2024: IN 2024, WE DEPLOYED OUR EXPANDED PRIMARY HEALTH FINANCING SERVICE PACKAGE WITH SUPPORT TO SIERRA LEONE TO DEVELOP ITS NATIONAL HEALTH INSURANCE WHICH WILL CONTINUE INTO THE NEW YEAR. TO BOLSTER OUR EXISTING CAPABILITY BUILDING INTERVENTIONS, WE LAUNCHED THE FIRST COHORT OF OUR HEALTH SYTEMS AND FINANCING ACCELERATOR FELLOWSHIP (HSFA FELLOWSHIP) WHICH IS OUR BESPOKE FELLOWSHIP FOR MINISTRY OF HEALTH AND FINANCE COLLEAGUES TO BE EQUIPPED WITH CRITICAL TECHNICAL HEALTH FINANCING SKILLS, COMBINED WITH THE POLITICAL SAVVINESS AND ADVOCACY CAPABILITIES TO ENABLE THEM TO DRIVE DEEP AND MEANINGFUL PRIMARY HEALTH POLICY REFORMS, SECURE MORE DOMESTIC ON BUDGET RESOURCES AND BE EFFECTIVE STEWARDS OF THESE RESOURCES FOR HEALTH IMPACT. THE AFRICA FRONTLINE FIRST CONTINUED TO STRENGTHEN COMMUNITY HEALTH SYSTEMS IN 17 COUNTRIES THROUGH FOUNDATIONAL INVESTMENTS THAT ARE BUILDING SYSTEM'S MATURITY TO DRIVE NATIONAL OWNERSHIP AND TRANSFORMATIVE HEALTH IMPACT.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.