International Health Share

Analysis

International Health Share is a registered charity in United States, based in Ringwood, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, International Health Share reported income of $9.9m and spending of $9.9m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.2m to $9.9m (+350%), an average of +350% a year. The sharpest change came in the year to December 2023, when income rose by 350%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Health Share sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Hospice of South Texas Inc ($9.9m), Marquardt Memorial Manor Inc ($9.9m) and Lutheran Home-Albemarle Inc ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $235k against liabilities of $190k, net assets of $46k.