Innovative Health Solutions

Analysis

Innovative Health Solutions is a registered charity in United States, based in Benicia, CA. It received its IRS tax-exemption ruling in August 2012, 14 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 June 2023, Innovative Health Solutions reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $500k to $1.2m (+147%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Innovative Health Solutions sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Cerebral Palsy Center for Handicapped Adults Inc ($1.2m), Gap Relief ($1.2m) and Inner Fire ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. Other salaries and wages came to $617k. At year end it held assets of $154k against liabilities of $72k, net assets of $82k. It reported 6 employees.