Health Professions Grant Fund Inc

Analysis

Health Professions Grant Fund Inc is a registered charity in United States, based in Belvidere, IL. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Health Professions Grant Fund Inc reported income of $124k and spending of $89k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $124k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Health Professions Grant Fund Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include American Friends of Kenya Inc ($124k), California Indian Law Association Inc ($124k) and Joseph Sears Foundation-A Keniworth School Dist No 38 Supporting Org ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $2.4m against liabilities of $1, net assets of $2.4m.