Health Care Advocates International Inc

Analysis

Health Care Advocates International Inc is a registered charity in United States, based in Stratford, CT. It received its IRS tax-exemption ruling in July 2017, 9 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, Health Care Advocates International Inc reported income of $13.2m and spending of $12.1m, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.3m to $13.2m (+300%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Care Advocates International Inc 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 95th percentile within CT. Charities of a similar size with the same main cause include Guidance Center of Lea County Inc ($13.2m), Baxter Regional Health System ($13.2m) and Tabor Hills Health Care Facility Inc ($13.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $796k (6.6% of expenses). Other salaries and wages came to $911k. At year end it held assets of $4.4m against liabilities of $52k, net assets of $4.4m. It reported 14 employees.