Hadassah Medical Relief Association Inc
Hadassah Medical Relief Association Inc. shows volatile financial performance with recurring operating deficits.
EIN: 136110872 · New York, NY · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $212.3M |
| Total Expenses | $64.7M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $700 |
| Net Assets | $212.3M |
| Transparency Score | 65/100 |
Is Hadassah Medical Relief Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hadassah Medical Relief Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hadassah Medical Relief Association Inc
Hadassah Medical Relief Association Inc (EIN: 136110872) is a nonprofit organization based in New York, NY, classified under NTEE code Q30. The organization reported total revenue of $212.3M and total assets of $679.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hadassah Medical Relief Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hadassah Medical Relief Association Inc is a major nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32.4M |
| Total Expenses | $64.7M |
| Surplus / Deficit | $-32,334,269 |
| Total Assets | $635.5M |
| Total Liabilities | $423.2M |
| Net Assets | $212.3M |
| Operating Margin | -99.9% |
| Debt-to-Asset Ratio | 66.6% |
| Months of Reserves | 117.9 months |
Financial Health Grade: C
In 2023, Hadassah Medical Relief Association Inc reported a deficit of $32.3M with expenses exceeding revenue, holds 117.9 months of operating reserves (strong position), has a debt-to-asset ratio of 66.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hadassah Medical Relief Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.2% | +91.8% | +12.5% |
| 2022 | +48.4% | -91.9% | -19.9% |
| 2021 | -56.6% | +445.2% | +4.6% |
| 2020 | +76.6% | +2.3% | +15.4% |
| 2019 | -11.1% | +0.1% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hadassah Medical Relief Association Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Hadassah Medical Relief Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with assets nearing $700 million. This suggests either that executive compensation is not paid directly by the organization, is reported under a different category, or that the organization relies entirely on volunteer leadership.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hadassah Medical Relief Association Inc's IRS 990 filings:
- Significant and recurring operating deficits (e.g., 202312: $32M revenue vs. $64M expenses; 202112: $50M revenue vs. $418M expenses).
- Unusually high liabilities relative to assets in some periods (e.g., 202112: Liabilities $465M vs. Assets $704M).
- Consistent 0% officer compensation reported, which is atypical for an organization of this scale and could indicate a lack of transparency in reporting executive pay or an unusual operational model.
Strengths
The following positive indicators were identified for Hadassah Medical Relief Association Inc:
- Substantial asset base, reaching $678,979,177, providing a strong foundation.
- Long filing history (13 filings), indicating consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Hadassah Medical Relief Association Inc
Is Hadassah Medical Relief Association Inc a legitimate charity?
Hadassah Medical Relief Association Inc (EIN: 136110872) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $212.3M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Hadassah Medical Relief Association Inc spend its money?
Hadassah Medical Relief Association Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Hadassah Medical Relief Association Inc tax-deductible?
Hadassah Medical Relief Association Inc is registered as a tax-exempt nonprofit (EIN: 136110872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hadassah Medical Relief Association Inc CEO make?
Hadassah Medical Relief Association Inc's highest-compensated officer earns $700 annually. The organization reported $212.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hadassah Medical Relief Association Inc's spending goes to programs?
Hadassah Medical Relief Association Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hadassah Medical Relief Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Hadassah Medical Relief Association Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hadassah Medical Relief Association Inc located?
Hadassah Medical Relief Association Inc is headquartered in New York, New York and files with the IRS under EIN 136110872. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Hadassah Medical Relief Association Inc have?
Hadassah Medical Relief Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $212.3M in total revenue.
Why does Hadassah Medical Relief Association Inc. consistently report 0% for officer compensation?
The consistent reporting of 0% for officer compensation across all 13 filings is highly unusual for an organization with assets of $678,979,177 and annual expenses often exceeding tens of millions. This warrants further investigation to understand how leadership is compensated or if the organization relies solely on uncompensated volunteers for its top positions.
What is the source of funding for the recurring operating deficits?
In multiple periods, such as 202312 (Revenue=$32M, Expenses=$64M) and 202112 (Revenue=$50M, Expenses=$418M), expenses significantly exceeded revenue. It's unclear from the provided data how these deficits are covered, whether through drawing down reserves, new debt, or other non-operating income sources.
How does the organization manage its substantial liabilities?
Liabilities have been significant, reaching $465,315,871 in 202112 and $423,228,130 in 202312. Understanding the nature of these liabilities (e.g., program-related debt, capital leases, restricted funds) and the organization's strategy for managing them is crucial for assessing financial stability.
Filing History
IRS 990 filing history for Hadassah Medical Relief Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hadassah Medical Relief Association Inc's revenue has declined by 74.3%, moving from $126.2M to $32.4M. Total assets increased by 29.7% over the same period, from $490.0M to $635.5M. Total functional expenses fell by 22.1%, from $83.1M to $64.7M. In its most recent filing year (2023), Hadassah Medical Relief Association Inc reported a deficit of $32.3M, with expenses exceeding revenue. The organization holds $423.2M in liabilities against $635.5M in assets (debt-to-asset ratio: 66.6%), resulting in net assets of $212.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32.4M | $64.7M | $635.5M | $423.2M | — | View 990 |
| 2022 | $75.6M | $33.7M | $564.9M | $365.7M | — | View 990 |
| 2021 | $50.9M | $418.8M | $704.8M | $465.3M | — | View 990 |
| 2020 | $117.4M | $76.8M | $674.1M | $115.6M | — | View 990 |
| 2019 | $66.4M | $75.1M | $584.1M | $113.1M | — | View 990 |
| 2018 | $74.8M | $75.0M | $516.8M | $108.6M | — | View 990 |
| 2017 | $61.5M | $85.9M | $557.3M | $114.2M | — | View 990 |
| 2016 | $98.9M | $79.6M | $558.8M | $124.0M | — | View 990 |
| 2015 | $78.7M | $107.6M | $534.5M | $130.4M | — | View 990 |
| 2014 | $95.4M | $102.2M | $583.4M | $264.6M | — | View 990 |
| 2013 | $103.2M | $62.7M | $598.8M | $256.9M | — | View 990 |
| 2012 | $102.8M | $126.1M | $581.6M | $314.3M | — | View 990 |
| 2011 | $126.2M | $83.1M | $490.0M | $224.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32.4M, expenses of $64.7M, and assets of $635.5M (revenue -57.2% year-over-year).
- 2022: Revenue of $75.6M, expenses of $33.7M, and assets of $564.9M (revenue +48.4% year-over-year).
- 2021: Revenue of $50.9M, expenses of $418.8M, and assets of $704.8M (revenue -56.6% year-over-year).
- 2020: Revenue of $117.4M, expenses of $76.8M, and assets of $674.1M (revenue +76.6% year-over-year).
- 2019: Revenue of $66.4M, expenses of $75.1M, and assets of $584.1M (revenue -11.1% year-over-year).
- 2018: Revenue of $74.8M, expenses of $75.0M, and assets of $516.8M (revenue +21.5% year-over-year).
- 2017: Revenue of $61.5M, expenses of $85.9M, and assets of $557.3M (revenue -37.8% year-over-year).
- 2016: Revenue of $98.9M, expenses of $79.6M, and assets of $558.8M (revenue +25.7% year-over-year).
- 2015: Revenue of $78.7M, expenses of $107.6M, and assets of $534.5M (revenue -17.6% year-over-year).
- 2014: Revenue of $95.4M, expenses of $102.2M, and assets of $583.4M (revenue -7.5% year-over-year).
- 2013: Revenue of $103.2M, expenses of $62.7M, and assets of $598.8M (revenue +0.3% year-over-year).
- 2012: Revenue of $102.8M, expenses of $126.1M, and assets of $581.6M (revenue -18.5% year-over-year).
- 2011: Revenue of $126.2M, expenses of $83.1M, and assets of $490.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hadassah Medical Relief Association Inc:
Data Sources and Methodology
This transparency report for Hadassah Medical Relief Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.