Public Health Solutions

Analysis

Public Health Solutions is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1960, 66 years ago. Its declared purposes cover medical research, 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 December 2023, Public Health Solutions reported income of $282.8m and spending of $279.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241.5m to $282.8m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Public Health Solutions sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Houston Hospitals Inc ($282.6m), Mymichigan Medical Center Saginaw ($282.9m) and West Georgia Medical Center Inc ($282.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $1.9m (0.7% of expenses). Other salaries and wages came to $40.2m. At year end it held assets of $136.4m against liabilities of $142.5m, net assets of -$6.2m. It reported 747 employees.