Princeton Healthcare System Inc

Analysis

Princeton Healthcare System Inc is a registered charity in United States, based in Plainsboro, NJ. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover health care, 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, Princeton Healthcare System Inc reported income of $2.3m and spending of $1.5m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.4m to $2.3m (-56%), an average of -19% a year. The sharpest change came in the year to June 2021, when income rose by 402%. Over the whole period it spent 93% 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 Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Washington Chapter-American Academy of Pediatrics ($2.3m), Bernard H Van Der Steen Trust ($2.3m) and Northland Healthcare Alliance ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.0m against liabilities of $7.3m, net assets of -$1.2m.