Chan Soon-Shiong Nanthealth Foundation

Analysis

Chan Soon-Shiong Nanthealth Foundation is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover medical research, 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 June 2023, Chan Soon-Shiong Nanthealth Foundation reported income of $65k and spending of $716k, spending 1096% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $65k (-96%), an average of -56% a year. The sharpest change came in the year to June 2020, when income dropped by 91%. Over the whole period it spent 442% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chan Soon-Shiong Nanthealth 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 28th percentile within CA. Charities of a similar size with the same main cause include Alano Club of El Cajon ($65k), Smd-Help Foundation Inc ($65k) and Plant Based Nutrition Support Group ($65k).

Compensation of current officers, directors and key employees was $351k (49% of expenses). At year end it held assets of $23.3m against liabilities of $187k, net assets of $23.1m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.