Island Health Project Inc

Analysis

Island Health Project Inc is a registered charity in United States, based in Fishers Isle, NY. It received its IRS tax-exemption ruling in August 1974, 52 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, Island Health Project Inc reported income of $972k and spending of $646k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $750k to $972k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Island Health Project Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include New Mexico Suicide Intervention ($972k), Troubled Waters Inc ($972k) and Hatzalah Chicago ($972k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 0.1% of the total. Other salaries and wages came to $2,580. At year end it held assets of $10.2m against liabilities of $26k, net assets of $10.2m. It reported 8 employees.