PM Hospital Foundation

Analysis

PM Hospital Foundation is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in December 2017, 9 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, PM Hospital Foundation reported income of $897k and spending of $276k, leaving 69% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $235k to $897k (+282%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, PM Hospital Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Mineola Volunteer Ambulance Corps Incorporated ($897k), Alliance Family Services ($897k) and Childrens Surgical Centre ($896k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $705k against liabilities of $9,652, net assets of $696k.