Iroquois Healthcare Association Inc

Analysis

Iroquois Healthcare Association Inc is a registered charity in United States, based in Halfmoon, NY. It received its IRS tax-exemption ruling in February 1963, 63 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iroquois Healthcare Association Inc reported income of $1.5m and spending of $1.9m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.5m to $1.5m (-87%), an average of -40% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. 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, Iroquois Healthcare Association Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Prevention Works Inc ($1.5m), East Texas Pregnancy Help Center Inc ($1.5m) and International Society for Sexual and Inpotence Research ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $323k (17% of expenses). Other salaries and wages came to $531k. At year end it held assets of $10.1m against liabilities of $696k, net assets of $9.4m. It reported 16 employees.