Foundation for Heart Failure Research Inc

Analysis

Foundation for Heart Failure Research Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Foundation for Heart Failure Research Inc reported income of $607k and spending of $12k, leaving 98% of income unspent that year. Across the 5 years on record, from December 2017 to December 2021, income grew from $346k to $607k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Heart Failure Research Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Montana Cancer Consortium ($607k), Posabilities Inc ($607k) and 230 House ($606k).

At year end it held assets of $14.0m against liabilities of $24k, net assets of $14.0m.