Equalize Health

Analysis

Equalize Health is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Equalize Health reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.2m (-52%), an average of -17% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Equalize Health sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Kansas City Friends of Alvin Ailey ($1.2m), Albany Institute of History and Art ($1.2m) and Grandin Theatre Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 67% of the total. At year end it held assets of $132k against liabilities of $506k, net assets of -$374k.