Half Helen Foundation

Analysis

Half Helen Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2023, Half Helen Foundation reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $533k to $1.0m (+93%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 899%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Half Helen Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Memorial Health Fund ($1.0m), New Mexico Primary Care Training Consortium ($1.0m) and Community Health Center of West Palm Beach Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $72k (6.6% of expenses). At year end it held assets of $593k against liabilities of $215k, net assets of $378k. It reported 16 employees.

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.