Narkar Health Foundation

Analysis

Narkar Health Foundation is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in January 2021, 5 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 2023, Narkar Health Foundation reported income of $53k and spending of $74k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $920k to $53k (-94%), an average of -94% a year. The sharpest change came in the year to December 2023, when income dropped by 94%. Over the whole period it spent 7.6% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Narkar Health Foundation sits at the 17th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Kurt Peter Foundation ($53k), McKenzie Meningitis Foundation ($53k) and Caring Aggies R Protecting Over Our Lives ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $36k. At year end it held assets of $902k against liabilities of $1,719, net assets of $900k.