Pennyroyal Healthcare Services Inc

Analysis

Pennyroyal Healthcare Services Inc is a registered charity in United States, based in Princeton, KY. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Pennyroyal Healthcare Services Inc reported income of $6.2m and spending of $5.4m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.6m to $6.2m (+36%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 51%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pennyroyal Healthcare Services Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include North Shore- Lij Medical Group at North Nassau PC ($6.2m), Duke Affiliations Network Inc ($6.2m) and TMC Health Medical Education Program ($6.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $5.4m against liabilities of $651k, net assets of $4.8m. It reported 66 employees.