Hatzolah Emergency Air Response Team Inc

Analysis

Hatzolah Emergency Air Response Team Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in April 2018, 8 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 2021, Hatzolah Emergency Air Response Team Inc reported income of $7.3m and spending of $4.9m, leaving 33% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $297k to $7.3m (+2349%), an average of +395% a year. The sharpest change came in the year to December 2020, when income rose by 2546%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hatzolah Emergency Air Response Team Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Pendleton Community Care ($7.3m), Make-A-Wish Foundation of Central and Western North Carolina Inc ($7.3m) and Tri-Valley Care Inc ($7.3m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 93% and program service revenue 0.6% of the total. Other salaries and wages came to $568k. At year end it held assets of $2.9m against liabilities of $631k, net assets of $2.3m. It reported 5 employees.