Holland Christian Home Association

Analysis

Holland Christian Home Association is a registered charity in United States, based in North Haledon, NJ. It received its IRS tax-exemption ruling in June 1942, 84 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Holland Christian Home Association reported income of $6.8m and spending of $10.6m, spending 155% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $10.9m to $6.8m (-37%), an average of -11% a year. The sharpest change came in the year to March 2023, when income dropped by 39%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holland Christian Home Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Glendale Adventist Medical Center Foundation ($6.8m), Primary Care Association of SC Inc ($6.8m) and Medical Affairs Professional Society ($6.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 6.6% and program service revenue 92% of the total. Other salaries and wages came to $5.1m. At year end it held assets of $20.7m against liabilities of $31.1m, net assets of -$10.4m. It reported 143 employees.