Himalayan Healthcare Inc

Analysis

Himalayan Healthcare Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Himalayan Healthcare Inc reported income of $194k and spending of $209k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $245k to $194k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Himalayan Healthcare Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Haiti Medical Mission of Wisconsin Inc ($194k), Interamerican Institute for Democracy Inc ($195k) and For Zions Sake ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $66k (32% of expenses). At year end it held assets of $120k against liabilities of $200, net assets of $120k.