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Health Advocates for Older People Inc

RegisteredEIN 13-4165807New York, NYPoverty relief
Income$719k2023-12
Spending$655ksame year
Spent / received84%5-year average
Size in its cause70th pctPoverty relief
Exempt since2001Publicly supported organisat
Employees6latest return

Analysis

Health Advocates for Older People Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Health Advocates for Older People Inc reported income of $719k and spending of $655k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $412k to $719k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Health Advocates for Older People Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Purple Lemon Inc ($719k), Domestic Violence Center of Grays Harbor ($719k) and Foundation Assisting Seniors Inc ($719k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $107k (16% of expenses). Other salaries and wages came to $256k. At year end it held assets of $3.1m against liabilities of $22k, net assets of $3.0m. It reported 6 employees.

Income and spending

$0$219k$437k$656k$874k2019 Income: $411,8782019 Spending: $364,85320192020 Income: $377,8512020 Spending: $474,91620202021 Income: $874,2492021 Spending: $526,72120212022 Income: $729,4282022 Spending: $590,18820222023 Income: $719,1882023 Spending: $654,9842023
IncomeSpending

Where the income comes from

  • Contributions & grants 64%
  • Other 36%

Similar-sized charities, same cause

CharityLocationIncome
Purple Lemon IncMorgan City$719k
Domestic Violence Center of Grays HarborHoquiam$719k
Foundation Assisting Seniors IncHenderson$719k
Ventures Atl IncSandy Springs$719k