HADASSAH MEDICAL RELIEF ASSOCIATION INC

EIN: 136110872 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$32,370,760
Total Expenses
$64,705,029
Total Assets
$635,523,164
Net Assets
$212,295,034
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
NY
Phone
2123557900
Tax Period
2023-01-01 to 2023-12-31

HADASSAH MEDICAL RELIEF ASSOCIATION INC, founded in 1925, is a mid-sized nonprofit in the International Affairs sector that reported $32.4M in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $64.7M exceeded revenue, resulting in a 100% operating deficit.

Mission

HADASSAH MEDICAL RELIEF ASSOCIATION, INC. IS FORMED TO SUPPORT, AS A TYPE I SUPPORTING ORGANIZATION, HADASSAH, THE WOMEN'S ZIONIST ORGANIZATION OF AMERICA, INC., A NEW YORK NOT-FOR-PROFIT CORPORATION ("HWZOA"). HWZOA IS A VOLUNTEER ORGANIZATION THAT INSPIRES A PASSION FOR AND COMMITMENT TO THE LAND, THE PEOPLE, AND THE FUTURE OF ISRAEL. THROUGH EDUCATION, ADVOCACY, AND YOUTH DEVELOPMENT, AND ITS SUPPORT OF MEDICAL CARE AND RESEARCH AT HADASSAH MEDICAL ORGANIZATION, HWZOA ENHANCES THE HEALTH AND LIVES OF PEOPLE IN ISRAEL, THE UNITED STATES AND WORLDWIDE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,979,486
Program Service Revenue $0
Investment Income $22,340,029
Other Revenue $51,245
TOTAL REVENUE $32,370,760

Expense Breakdown

Grants Paid $62,275,322
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $62,275,322
Other Expenses $2,429,707
TOTAL EXPENSES $64,705,029

Year-over-Year Comparison

2023 2022 Change
Revenue $32,370,760 $75,563,337 -0.6%
Expenses $64,705,029 $33,735,001 +0.9%
Net Income $-32,334,269 $41,828,336 -1.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$1,036,656
Total Directors
11
$0
Key Employees
1
$494,944
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A VICE PRESIDENT (START 1/1/2023) 6.0
Officer Director
$0 $0 $0
N/A VICE PRESIDENT 6.0
Officer Director
$0 $0 $0
N/A VICE PRESIDENT (START 1/1/2023) 6.0
Officer Director
$0 $0 $0
N/A SECRETARY (START 1/1/2023) 6.0
Officer Director
$0 $0 $0
N/A TREASURER 6.0
Officer Director
$0 $0 $0
N/A VICE PRESIDENT 6.0
Officer Director
$0 $0 $0
N/A PRESIDENT 6.0
Officer Director
$0 $0 $0
N/A VICE PRESIDENT 6.0
Officer Director
$0 $0 $0
N/A VICE PRESIDENT 6.0
Officer Director
$0 $0 $0
N/A PAST NATIONAL PRESIDENT 6.0
Director
$0 $0 $0
N/A PAST NATIONAL PRESIDENT 6.0
Director
$0 $0 $0
N/A CHIEF EXECUTIVE OFFICER 1.0
Officer
$0 $98,749 $524,838
N/A CFO/COO 1.0
Officer
$0 $95,786 $511,818
N/A CHIEF LEGAL OFFICER & GEN. COUNSEL 1.0
Key Emp
$0 $76,103 $494,944
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $32,370,760 $64,705,029 $635,523,164 $-32,334,269
2022 $75,563,337 $33,735,001 $564,855,684 $41,828,336
2021 $50,906,481 $418,787,826 $704,848,131 $-367,881,345
2020 $117,380,664 $76,815,720 $674,056,706 $40,564,944
2019 $66,448,220 $75,073,004 $584,141,916 $-8,624,784
2018 $74,764,423 $74,992,605 $516,766,599 $-228,182
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