Iha Hospital Assistance Foundation Inc

Analysis

Iha Hospital Assistance Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Iha Hospital Assistance Foundation Inc reported income of $3.6m and spending of $2.3m, leaving 36% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.6m (+58%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 433%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iha Hospital Assistance Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Family Outreach Center for Understanding Special Needs Inc ($3.6m), Gilroy Foundation ($3.6m) and Varsity Team Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.5m against liabilities of $1.2m, net assets of $1.3m.