Institute for Healthcare Improvement

Analysis

Institute for Healthcare Improvement is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 April 2023, Institute for Healthcare Improvement reported income of $52.4m and spending of $68.7m, spending 131% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $63.6m to $52.4m (-18%), an average of -4.7% a year. The sharpest change came in the year to April 2022, when income rose by 110%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Institute for Healthcare Improvement sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Village Network ($52.3m), Northwest Justice Project ($55.8m) and Individual Advocacy Group Inc ($52.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $7.8m (11% of expenses). Other salaries and wages came to $23.0m. At year end it held assets of $154.9m against liabilities of $36.0m, net assets of $118.9m. It reported 225 employees.