United Health Services Foundation Inc

Analysis

United Health Services Foundation Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in November 1983, 43 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 (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, United Health Services Foundation Inc reported income of $3.5m and spending of $6.5m, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.5m (+92%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Health Services Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Penndel Middletown Emergency Squad ($3.5m), Levittown-Fairless Hills Rescue Squad Inc ($3.5m) and Planetree International Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $169k (2.6% of expenses). Other salaries and wages came to $212k. At year end it held assets of $35.0m against liabilities of $2.3m, net assets of $32.7m. It reported 4 employees.