Healthcare Transformation Institute

Analysis

Healthcare Transformation Institute is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2010, 16 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 June 2024, Healthcare Transformation Institute reported income of $50k and spending of $162k, spending 322% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $278k to $50k (-82%), an average of -82% a year. The sharpest change came in the year to June 2024, when income dropped by 82%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthcare Transformation Institute sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within AZ. Charities of a similar size with the same main cause include Breath of Life Inc ($50k), Auxiliary of the Good Samaritan Hospital of Santa Clara Valley ($50k) and Virginia Ann Scheunemann Memorial Fund ($50k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $451k against liabilities of $0, net assets of $451k.