Helene Foundation

Analysis

Helene Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 2010, 16 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 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, Helene Foundation reported income of $354k and spending of $348k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $354k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Helene Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Well Being Development ($354k), Sofias Hope ($354k) and O Wayne and Glenda Sue Mortenson Charitable Foundation in ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $62k (18% of expenses). At year end it held assets of $573k against liabilities of $8,989, net assets of $564k. It reported 1 employees.