Montgomery Health Foundation

Analysis

Montgomery Health Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Montgomery Health Foundation reported income of $65k and spending of $6,020, leaving 91% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $790k to $65k (-92%), an average of -46% a year. The sharpest change came in the year to June 2021, when income rose by 1031%. Over the whole period it spent 152% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Montgomery Health Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include USA Devanand Yoga Cultural Center Inc ($65k), Retrouvaille of Santa Clarita Inc ($65k) and Healthchex Cares Inc ($65k).

At year end it held assets of $4.2m against liabilities of $30k, net assets of $4.2m.