Healthcare Resources Foundation

Analysis

Healthcare Resources Foundation is a registered charity in United States, based in Rosemead, CA. It received its IRS tax-exemption ruling in August 2002, 24 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 June 2023, Healthcare Resources Foundation reported income of $70k and spending of $72k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $50k to $70k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthcare Resources Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Darts for Kids NFP ($70k), Saras Cure ($70k) and Westside Community Residence Co Inc Educational Foundation Inc ($70k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. Other salaries and wages came to $49k. At year end it held assets of $56k against liabilities of $1,887, net assets of $54k. It reported 2 employees.