Health Information Network Inc

Analysis

Health Information Network Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in April 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Health Information Network Inc reported income of $442k and spending of $364k, spending 82% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $396k to $442k (+12%), an average of +2.8% a year. The sharpest change came in the year to May 2023, when income rose by 116%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Information Network Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Grand Isle Rescue Inc ($442k), Horses for Healing ($442k) and Nami Greater Orlando Inc ($442k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $5,021 against liabilities of $52k, net assets of -$47k.