Prostate Health Education Network Inc

Analysis

Prostate Health Education Network Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Prostate Health Education Network Inc reported income of $2.3m and spending of $1.8m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.3m (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prostate Health Education Network Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Flagler County Free Clinic Inc ($2.3m), Land of Goshen Treatment Center Inc ($2.3m) and Easter Seals Southwest Florida Foundation Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $685k (38% of expenses). Other salaries and wages came to $476k. At year end it held assets of $4.6m against liabilities of $1.3m, net assets of $3.4m. It reported 8 employees.