Healthbarn Foundation Inc

Analysis

Healthbarn Foundation Inc is a registered charity in United States, based in East Rutherford, NJ. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Healthbarn Foundation Inc reported income of $575k and spending of $532k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.9m to $575k (-69%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Healthbarn Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Palo Alto Friends Nursery School ($575k), Fairmount Community Library Association ($575k) and Ottumwa Christian School ($575k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.