Healthalliance Foundation

Analysis

Healthalliance Foundation is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in June 1988, 38 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, Healthalliance Foundation reported income of $263k and spending of $362k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $733k to $263k (-64%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthalliance Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Vennue Foundation ($263k), Institute for Challenging Disorganization ($263k) and Pellow Outreach ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Other salaries and wages came to $42k. At year end it held assets of $2.5m against liabilities of $327k, net assets of $2.2m.