New England Valve and Structural Heart Foundation Inc

Analysis

New England Valve and Structural Heart Foundation Inc is a registered charity in United States, based in Dover, MA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2023, New England Valve and Structural Heart Foundation Inc reported income of $194k and spending of $133k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50 to $194k (+387560%), an average of +387560% a year. The sharpest change came in the year to December 2023, when income rose by 387560%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New England Valve and Structural Heart Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Professional Home Health Care Inc ($194k), Fourth District Dental Society ($194k) and Parkinsons Community Center ($194k).

At year end it held assets of $94k against liabilities of $8,340, net assets of $85k.