International Hyperbarics Association Inc

Analysis

International Hyperbarics Association Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, International Hyperbarics Association Inc reported income of $657k and spending of $605k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $211k to $657k (+211%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 242%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, International Hyperbarics Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include Nami Colorado ($657k), Durham Ambulance Inc ($657k) and Ahat Homecare ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $135k (22% of expenses). Other salaries and wages came to $28k. It paid $8,045 in professional fundraising fees. At year end it held assets of $142k against liabilities of $255k, net assets of -$113k. It reported 3 employees.