Boilermaker Health Innovations Inc

Analysis

Boilermaker Health Innovations Inc is a registered charity in United States, based in West Lafayette, IN. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Boilermaker Health Innovations Inc reported income of $873k and spending of $8,433, leaving 99% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $72k to $873k (+1108%), an average of +86% a year. The sharpest change came in the year to June 2023, when income rose by 512%. Over the whole period it spent 3.9% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boilermaker Health Innovations Inc 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 78th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include International Society for Peritoneal Dialysis ($873k), Envision Vision Rehabilitation Center Inc ($873k) and Informed Families the Florida Family Partnership Inc ($873k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.