Health Leads Inc

Analysis

Health Leads Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2003, 23 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 August 2023, Health Leads Inc reported income of $4.8m and spending of $12.0m, spending 247% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $6.2m to $4.8m (-22%), an average of -5.9% a year. The sharpest change came in the year to August 2021, when income rose by 152%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Leads Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Outreach Health Services Inc ($4.8m), Kentuckyone Health Inc ($4.8m) and Open Door Health Center Inc ($4.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 66% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $793k (6.6% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $5.5m against liabilities of $775k, net assets of $4.7m. It reported 76 employees.