Health Elements Association Corp

Analysis

Health Elements Association Corp is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Elements Association Corp reported income of $150k and spending of $151k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23k to $150k (+538%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 1419%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Health Elements Association Corp sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include American Songbook Association Inc ($150k), Little Theatre of Tuscarawas County Inc ($150k) and Takohachi Inc ($150k).

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 $5,011 against liabilities of $1,055, net assets of $3,956.