Central Peninsula Health Foundation

Analysis

Central Peninsula Health Foundation is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in December 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Peninsula Health Foundation reported income of $1.6m and spending of $432k, leaving 72% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $531k to $1.6m (+195%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 434%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Peninsula Health Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within AK. Charities of a similar size with the same main cause include Southern Coalition for Housing Opportunities ($1.6m), Topton Community Ambulance ($1.6m) and Samaritan Houses Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $125k (29% of expenses). Other salaries and wages came to $5,566. At year end it held assets of $2.5m against liabilities of $45k, net assets of $2.5m.