Hereditary Angioedema Association Inc

Analysis

Hereditary Angioedema Association Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in January 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 December 2023, Hereditary Angioedema Association Inc reported income of $10.2m and spending of $7.2m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $10.2m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hereditary Angioedema Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Helping Hands Wellness Center Kalamazoo ($10.2m), Laurel Hill Center ($10.2m) and Health Research and Educational Trust ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $891k (12% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $16.4m against liabilities of $599k, net assets of $15.8m. It reported 22 employees.