Avaesen Healthcare Inc

Analysis

Avaesen Healthcare Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in February 2024, 2 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 2022, Avaesen Healthcare Inc reported income of $138k and spending of $134k, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $143k to $138k (-3.5%), an average of -3.5% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avaesen Healthcare Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Distance Learning Center Inc ($138k), Veterans Supplemental Support Network ($138k) and Compassion Health Foundation Inc ($138k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,800 against liabilities of $0, net assets of $3,800.