Ifh Foundation

Analysis

Ifh Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ifh Foundation reported income of $199k and spending of $801k, spending 404% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $27.4m to $199k (-99%), an average of -71% a year. The sharpest change came in the year to December 2020, when income dropped by 99%. Over the whole period it spent 16% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ifh Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Just Health Action ($199k), Pregnancy Center of Bryan County ($199k) and Chase Recovery Foundation ($198k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.5m against liabilities of $1.6m, net assets of $17.9m.

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.