Health Partners Foundation

Analysis

Health Partners Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Health Partners Foundation reported income of $59k and spending of $13k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $247k to $59k (-76%), an average of -51% a year. The sharpest change came in the year to December 2022, when income dropped by 77%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Health Partners 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 23rd percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Phoenix Computers Inc ($59k), Anointed Sister Act Ministries Inc ($59k) and Waza Alliance for Quality Education Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $391k against liabilities of $0, net assets of $391k.