Healthcare for Israel Inc

Analysis

Healthcare for Israel Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in October 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 (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, Healthcare for Israel Inc reported income of $670k and spending of $881k, spending 131% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $89k to $670k (+650%), an average of +174% a year. The sharpest change came in the year to December 2022, when income rose by 499%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Healthcare for Israel Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include United Way of Union County Inc ($670k), Berea College Science and Health Foundation Inc ($670k) and Amador Friends of Music ($668k).

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 $277k against liabilities of $0, net assets of $277k.