Delaware Health Sciences Alliance LLC

Analysis

Delaware Health Sciences Alliance LLC is a registered charity in United States, based in Newark, DE. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Delaware Health Sciences Alliance LLC reported income of $952k and spending of $385k, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $688k to $952k (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Delaware Health Sciences Alliance LLC 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 79th percentile, and in the 74th percentile within DE. Charities of a similar size with the same main cause include Will-Grundy Medical Clinic Inc ($951k), Lifeclinic Community Resources ($952k) and Hope Resource Center ($951k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 2.4% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.