The Healthstore Foundation

Analysis

The Healthstore Foundation is a registered charity in United States, based in Onalaska, WI. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, The Healthstore Foundation reported income of $55k and spending of $146k, spending 264% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $3,984 to $55k (+1288%), an average of +273% a year. The sharpest change came in the year to December 2022, when income rose by 681%. Over the whole period it spent 591% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, The Healthstore Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within WI. Charities of a similar size with the same main cause include Chattanooga Rural Fire Inc Protection Association ($55k), Archangel Airborne ($55k) and South Egg Harbor Volunteer Fire Co No 5 Galloway Township Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $305k against liabilities of $491k, net assets of -$187k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.