Health Imperatives Inc

Analysis

Health Imperatives Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in July 1990, 36 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 June 2024, Health Imperatives Inc reported income of $18.6m and spending of $19.5m, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.3m to $18.6m (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Imperatives Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Community Care Ambulance Network ($18.6m), Progressive Community Health Centers Inc ($18.7m) and Midwestern Connecticut Council of Alcoholism Inc ($18.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $428k (2.2% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $5.4m against liabilities of $3.3m, net assets of $2.1m. It reported 203 employees.