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Healthcare Sharing Standards Board Inc

RegisteredEIN 85-0706349Indianapolis, INHealth and saving lives
Income$110k2023-12
Spending$116ksame year
Spent / received88%2-year average
Size in its cause29th pctHealth and saving lives
Exempt since2022Publicly supported organisat
Employees–latest return

Analysis

Healthcare Sharing Standards Board Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2022, 4 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 December 2023, Healthcare Sharing Standards Board Inc reported income of $110k and spending of $116k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $110k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthcare Sharing Standards Board Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Camer Rand Fund Inc ($110k), Hope Reins Healing Inc ($110k) and Washington Association of Marriage and Family Counselors ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.

Income and spending

$0$50k$100k$150k$200k2022 Income: $200,0002022 Spending: $158,41520222023 Income: $110,0002023 Spending: $115,7842023
IncomeSpending

Where the income comes from

  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
Camer Rand Fund IncDedham$110k
Hope Reins Healing IncLeeds$110k
Washington Association of Marriage and Family CounselorsSeattle$110k
Scleral Lens Education SocietyHatboro$110k