Higher Health Foundation Inc

Analysis

Higher Health Foundation Inc is a registered charity in United States, based in Wilton Manors, FL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Higher Health Foundation Inc reported income of $75k and spending of $0, leaving 100% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $250k to $75k (-70%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 3.4% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Higher Health Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Michigan Governors Residence Foundation ($75k), Harlan Community School District Education Foundation ($75k) and Hebrew Academy of Tidewater Foundation Inc ($75k).

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 $507k against liabilities of $0, net assets of $507k.