Ithaca Health Alliance Inc

Analysis

Ithaca Health Alliance Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in March 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ithaca Health Alliance Inc reported income of $369k and spending of $346k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $369k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ithaca Health Alliance Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Center for Suicide Awareness Inc ($368k), Cardiopulmonary Perfusion Associates Inc ($369k) and GFWC Coral Gables Womans Club Inc ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $61k (18% of expenses). Other salaries and wages came to $106k. At year end it held assets of $273k against liabilities of $3,547, net assets of $269k. It reported 4 employees.