Healthecharity

Analysis

Healthecharity is a registered charity in United States, based in Moorpark, CA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healthecharity reported income of $304k and spending of $68k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $304k (+204%), an average of +204% a year. The sharpest change came in the year to December 2023, when income rose by 204%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Healthecharity sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Squire Patton Boggs Foundation ($304k), American Friends of Kesher Inc ($304k) and Demco Foundation Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $365k against liabilities of $140k, net assets of $225k.