Health Security Partners LLC

Analysis

Health Security Partners LLC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 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 (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, Health Security Partners LLC reported income of $13.3m and spending of $13.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $13.3m (+262%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Security Partners LLC sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Camc Foundation Inc ($13.3m), Pathway Society Inc ($13.3m) and George Mark Childrens Fund ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $560k (4.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $1.2m against liabilities of $1.5m, net assets of -$237k. It reported 25 employees.