Health Association of Niagara County Inc

Analysis

Health Association of Niagara County Inc is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in March 1954, 72 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 Association of Niagara County Inc reported income of $4.1m and spending of $3.5m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $4.1m (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Health Association of Niagara County Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Scottsdale Training and Rehabilitation Services Inc ($4.1m), North American Society for Pediatric Gastroenterology & Nutri ($4.1m) and Greenhouse17 Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $421k (12% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $6.7m against liabilities of $557k, net assets of $6.1m. It reported 73 employees.