Health Care Education and Training Inc

Analysis

Health Care Education and Training Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1994, 32 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, Health Care Education and Training Inc reported income of $2.8m and spending of $2.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $2.8m (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Care Education and Training Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Bid-Milton Physician Associates Inc ($2.8m), Hospice of the Plains Inc ($2.8m) and Compassionate Care of Shelby County Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $124k (4.6% of expenses). Other salaries and wages came to $907k. At year end it held assets of $859k against liabilities of $411k, net assets of $448k. It reported 18 employees.