Health Care Systems Research Network

Analysis

Health Care Systems Research Network is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Health Care Systems Research Network reported income of $986k and spending of $680k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $721k to $986k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Care Systems Research Network sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Family Support Organization Ofhunterdon Somerset & Warren Countie ($986k), Happy Brew Inc ($987k) and Mental Health Association in Hawaii Inc ($986k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $882k against liabilities of $313k, net assets of $569k.