Hyper Igm Foundation

Analysis

Hyper Igm Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2015, 11 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, Hyper Igm Foundation reported income of $70k and spending of $107k, spending 153% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $95k to $70k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hyper Igm Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Human Technologies Properties Corporation ($70k), Park County Emergency Services Council Inc ($70k) and Zouves Foundation for Reproductive Medicine ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.