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Healthcare Alternatives

RegisteredEIN 26-1516187Virginia Beach, VAHealth and saving lives
Income$847k2023-12
Spending$830ksame year
Spent / received95%5-year average
Size in its cause62nd pctHealth and saving lives
Exempt since2009Publicly supported organisat
Employees4latest return

Analysis

Healthcare Alternatives is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in May 2009, 17 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, Healthcare Alternatives reported income of $847k and spending of $830k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $567k to $847k (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthcare Alternatives sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Locks of Love Inc ($846k), Mosaics of Mercy Inc ($847k) and Vision Is Priceless Council Inc ($846k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k. It reported 4 employees.

Income and spending

$0$212k$423k$635k$847k2019 Income: $566,8472019 Spending: $551,39020192020 Income: $746,9482020 Spending: $682,74020202021 Income: $653,4162021 Spending: $538,93920212022 Income: $600,9242022 Spending: $649,09320222023 Income: $846,5362023 Spending: $830,2212023
IncomeSpending

Where the income comes from

  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
Locks of Love IncWest Palm BCH$846k
Mosaics of Mercy IncMagnolia$847k
Vision Is Priceless Council IncJacksonville$846k
B Y E Ambulance IncElmwood$847k