Determined2heal Foundation Inc

Analysis

Determined2heal Foundation Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover medical research, 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, Determined2heal Foundation Inc reported income of $540k and spending of $68k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $540k (+485%), an average of +485% a year. The sharpest change came in the year to December 2023, when income rose by 485%. Over the whole period it spent 20% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Determined2heal Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Community Healthcare Resources ($540k), Northern Indiana Hispanic Health Coalition Inc ($541k) and Greater Louisville Medical Society Foundation Inc ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $654k against liabilities of $0, net assets of $654k.