Hadassah Medical Relief Association Inc

Analysis

Hadassah Medical Relief Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1941, 85 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hadassah Medical Relief Association Inc reported income of $32.4m and spending of $64.7m, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $66.4m to $32.4m (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 195% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hadassah Medical Relief Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include International Centre for Agricultural Research in the Dry a ($31.7m), Unrwa USA National Committee Inc ($32.4m) and German Marshall Fund of the US ($31.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $635.5m against liabilities of $423.2m, net assets of $212.3m.