Halifax Hospital Employees Community Service Fund Inc

Analysis

Halifax Hospital Employees Community Service Fund Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in January 1975, 51 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Halifax Hospital Employees Community Service Fund Inc reported income of $195k and spending of $200k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $161k to $195k (+21%), an average of +4.9% a year. The sharpest change came in the year to September 2023, when income rose by 193%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Halifax Hospital Employees Community Service Fund Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include NJ Service Foundation Inc ($195k), Umatilla Partnership Housing Inc ($195k) and Delaware Association for the Education of Young Children ($195k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.