Help Hospitalized Veterans
Analysis
Help Hospitalized Veterans is a registered charity in United States, based in Winchester, CA. It received its IRS tax-exemption ruling in June 1971, 55 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 July 2023, Help Hospitalized Veterans reported income of $10.5m and spending of $12.2m, spending 116% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $12.8m to $10.5m (-18%), an average of -4.7% a year. The sharpest change came in the year to July 2023, when income dropped by 23%. Over the whole period it spent 102% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Help Hospitalized Veterans sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Sankara Eye Foundation USA ($10.5m), Cvpath Institute Inc ($10.5m) and Make-A-Wish Foundation of Michigan ($10.5m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $244k (2.0% of expenses). Other salaries and wages came to $915k. It paid $309k in professional fundraising fees. At year end it held assets of $5.4m against liabilities of $3.0m, net assets of $2.4m. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sankara Eye Foundation USA | Milpitas | $10.5m |
| Cvpath Institute Inc | Gaithersburg | $10.5m |
| Make-A-Wish Foundation of Michigan | Southfield | $10.5m |
| North Shore-Lij Cardiology at Deer Park PC | Westbury | $10.5m |