Intercultural Center for Health Research and Wellness Inc

Analysis

Intercultural Center for Health Research and Wellness Inc is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Intercultural Center for Health Research and Wellness Inc reported income of $319k and spending of $195k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $158k to $319k (+102%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 137%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Intercultural Center for Health Research and Wellness Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Foundation for Hearing & Speech Rehabilitation ($319k), Teresian House Foundation Inc ($319k) and New England Parkinsons Ride ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (49% of expenses). At year end it held assets of $711k against liabilities of $197k, net assets of $514k. It reported 1 employees.