Israel Healthcare Foundation

Analysis

Israel Healthcare Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2011, 15 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 December 2023, Israel Healthcare Foundation reported income of $6.6m and spending of $8.9m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $6.6m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Israel Healthcare Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Vida Y Salud-Health Systems Inc ($6.6m), Warroad Care Center ($6.6m) and Rumford Community Home Corporation ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $124k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $27k, net assets of $2.5m.