Premier Health Partners

Analysis

Premier Health Partners is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Premier Health Partners reported income of $5.4m and spending of $237.4m, spending 4404% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $5.4m (+87%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 6321% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Premier Health Partners sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Friends of Hong Kong Charities Inc ($5.4m), Catholic Foundation of Oklahoma Inc ($5.4m) and Saint Grace Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $9.0m (3.8% of expenses). Other salaries and wages came to $103.7m. At year end it held assets of $62.2m against liabilities of $30.9m, net assets of $31.3m. It reported 12 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.