Healthy Island Project

Analysis

Healthy Island Project is a registered charity in United States, based in Stonington, ME. It received its IRS tax-exemption ruling in February 2004, 22 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, Healthy Island Project reported income of $307k and spending of $240k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $207k to $307k (+48%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthy Island Project sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 57th percentile within ME. Charities of a similar size with the same main cause include Gorlin Syndrome Alliance ($307k), Camp Rising Sun Inc ($307k) and St Francis Medical Center ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Other salaries and wages came to $74k. At year end it held assets of $394k against liabilities of $1,003, net assets of $393k. It reported 1 employees.