Sheila Kar Health Foundation

Analysis

Sheila Kar Health Foundation is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in May 2007, 19 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 (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, Sheila Kar Health Foundation reported income of $94k and spending of $44k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $116k to $94k (-19%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 309%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sheila Kar Health Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Hands of Hope Pregnancy Services Inc ($94k), Tudor House ($94k) and California Association of Free and Charitable Clinics Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 162% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.