National Health Foundation

Analysis

National Health Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1973, 53 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 December 2023, National Health Foundation reported income of $25.6m and spending of $12.2m, leaving 52% of income unspent that year. Across the 6 years on record, from March 2019 to December 2023, income grew from $6.4m to $25.6m (+300%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Health Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Jewish Rehabilitation Center for Aged of the North Shore Inc ($25.6m), Health Current ($25.6m) and Moundview Memorial Hospital & Clinics Inc ($25.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $273k (2.2% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $54.6m against liabilities of $29.8m, net assets of $24.8m. It reported 123 employees.