Hatzoloh Incorported

Analysis

Hatzoloh Incorported is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2010, 16 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, Hatzoloh Incorported reported income of $17.1m and spending of $15.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.6m to $17.1m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hatzoloh Incorported sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Boston Va Research Institute Inc ($17.1m), Waterfall Clinic Incorporated ($17.1m) and Richmond Eye & Ear Healthcare Alliance ($17.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $312k (2.0% of expenses). Other salaries and wages came to $648k. At year end it held assets of $21.0m against liabilities of $9.1m, net assets of $11.9m. It reported 11 employees.