Princeton Healthcare System Foundation Inc

Analysis

Princeton Healthcare System Foundation Inc is a registered charity in United States, based in Plainsboro, NJ. It received its IRS tax-exemption ruling in April 1981, 45 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, Princeton Healthcare System Foundation Inc reported income of $14.5m and spending of $5.3m, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $14.5m (+131%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 38% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Princeton Healthcare System Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Community LTC Inc ($14.5m), Paces Inc ($14.5m) and Rutherford County Primary Care ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 23% of the total. It paid $221k in professional fundraising fees. At year end it held assets of $91.1m against liabilities of $570k, net assets of $90.5m.