Health Care
(E058)
990 on File
HEALTHCARE INITIATIVES INC
Financial strength (30%)
92/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.8M
Total Revenue
$1.1M
Total Expenses
$19.9M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.0%
Fundraising Efficiency
N/A
Operating Reserve
211.51x
Liability-to-Asset
0.2%
Revenue Diversification
90.7%
Executive Compensation
$237K
Compared with Peers
FY 2024
Compared with 3,080 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.0% | 84.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
211.5 mo | 9.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.2% | 13.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.7% | 91.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
155.6% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-6.7% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
37.8% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.8M | $1.1M | $19.9M | 85.0% | — |
| 2023 | $710K | $1.2M | $19.6M | 81.7% | — |
| 2022 | $480K | $1.1M | $18.5M | 84.9% | — |
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