Planned Parenthood of Southern New England Inc

Analysis

Planned Parenthood of Southern New England Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in May 1958, 68 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, Planned Parenthood of Southern New England Inc reported income of $43.8m and spending of $42.0m, spending 96% of its income. Across the 5 years on record, from March 2020 to June 2023, income grew from $39.8m to $43.8m (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 302%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Planned Parenthood of Southern New England Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include Coffeyville Regional Medical Center Inc ($43.8m), Adams County Regional Medical Center ($43.8m) and Ehealth Africa ($43.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $1.8m (4.3% of expenses). Other salaries and wages came to $16.3m. At year end it held assets of $83.2m against liabilities of $3.7m, net assets of $79.5m. It reported 371 employees.