Health Solutions Research Incorporated

Analysis

Health Solutions Research Incorporated is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in February 2014, 12 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 December 2022, Health Solutions Research Incorporated reported income of $433k and spending of $1.8m, spending 418% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $57k to $433k (+658%), an average of +96% a year. The sharpest change came in the year to December 2020, when income rose by 7438%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Solutions Research Incorporated sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Foundation for Healthy Floridians ($433k), International Cannabinoid Research Society ($433k) and Together Happy and Forever Foundation Corp ($433k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $514k (28% of expenses). At year end it held assets of $1.3m against liabilities of $2,460, net assets of $1.3m. It reported 18 employees.