Portneuf Health Trust

Analysis

Portneuf Health Trust is a registered charity in United States, based in Pocatello, ID. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover health care, 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, Portneuf Health Trust reported income of $40.9m and spending of $6.3m, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.2m to $40.9m (+113%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 1087%. Over the whole period it spent 15% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Portneuf Health Trust sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within ID. Charities of a similar size with the same main cause include University of Buffalo Pediatric Associates P C ($40.8m), Vna Home & Hospice ($40.9m) and Permian Basin Community Centers for Mental Health & Mental Retardation ($40.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 56% of the total. Other salaries and wages came to $751k. At year end it held assets of $208.0m against liabilities of $2.9m, net assets of $205.2m. It reported 16 employees.