Ihealth Inc

Analysis

Ihealth Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ihealth Inc reported income of $181k and spending of $150k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $438k to $181k (-59%), an average of -16% a year. The sharpest change came in the year to June 2022, when income rose by 197%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ihealth Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Kaleidoscope of Hope Foundation Inc ($181k), Southeastern Fracture Consortium ($181k) and Passaic County Elks Crippled Childrens Committee Inc ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $791k against liabilities of $2,561, net assets of $788k.