Healthcare Extension Promotion and Training Organization Inc
Analysis
Healthcare Extension Promotion and Training Organization Inc is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in June 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, Healthcare Extension Promotion and Training Organization Inc reported income of $246k and spending of $263k, spending 107% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income fell from $261k to $246k (-5.8%), an average of -5.8% a year. 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, Healthcare Extension Promotion and Training Organization Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Cancer Network of Snaders County ($246k), The Panorama Institute of Molecular Medicine ($246k) and Faith in Action in Sherburne County ($246k).
On its Form 990 for the period ending December 2021, revenue came from contributions and grants 26% of the total. Other salaries and wages came to $1,716. At year end it held assets of $14k against liabilities of $30k, net assets of -$16k.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Other 74%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cancer Network of Snaders County | Plains | $246k |
| The Panorama Institute of Molecular Medicine | Sunnyvale | $246k |
| Faith in Action in Sherburne County | Becker | $246k |
| Black River Education and Wellness Foundation | Avon Lake | $246k |