Hamdard Health Alliance

Analysis

Hamdard Health Alliance is a registered charity in United States, based in Addison, IL. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hamdard Health Alliance reported income of $8.5m and spending of $7.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $8.5m (+87%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hamdard Health Alliance sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include The Skagit Valley Family YMCA ($8.5m), Food for People Inc ($8.5m) and Bangor Young Mens Christian Association ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $531k (6.8% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $6.8m against liabilities of $1.8m, net assets of $5.1m. It reported 119 employees.