Asian Healthcare Foundation Ofmassachusetts Inc

Analysis

Asian Healthcare Foundation Ofmassachusetts Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2007, 19 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 June 2023, Asian Healthcare Foundation Ofmassachusetts Inc reported income of $1.2m and spending of $595k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.2m (-26%), an average of -7.4% a year. Over the whole period it spent 45% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asian Healthcare Foundation Ofmassachusetts Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Clifton Springs Hospital & Clinic Foundation Inc ($1.2m), Texas Health Foundation Inc ($1.2m) and Okeechobee County Family Health- Health Start Coalition Inc ($1.2m).

At year end it held assets of $20.0m against liabilities of $3,621, net assets of $20.0m.