Vaad Refuah Inc

Analysis

Vaad Refuah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2009, 17 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, Vaad Refuah Inc reported income of $247k and spending of $220k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $116k to $247k (+112%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vaad Refuah Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Image of Hope Ranch Inc ($247k), Swashrya Foundation ($247k) and Desire 4 Hope ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (23% of expenses). Other salaries and wages came to $27k. It paid $12k in professional fundraising fees. At year end it held assets of $100k against liabilities of $0, net assets of $100k. It reported 3 employees.