Health Alliance Inc

Analysis

Health Alliance Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Health Alliance Inc reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $2.0m (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Alliance Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Umc Foundation Inc ($2.0m), Uossm USA ($2.0m) and Dr Miriam & Sheldon Adelson Clinic Drug Abuse Treatment Research Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $550k. At year end it held assets of $998k against liabilities of $49.7m, net assets of -$48.7m.