Plan a Health Inc

Analysis

Plan a Health Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Plan a Health Inc reported income of $2.2m and spending of $1.5m, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $554k to $2.2m (+300%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Plan a Health Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Appalachian Community Health Center Inc ($2.2m), Osteogenesis Imperfecta Foundation Inc ($2.2m) and A Just Harvest ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $164k (11% of expenses). Other salaries and wages came to $315k. At year end it held assets of $2.7m against liabilities of $76k, net assets of $2.6m. It reported 8 employees.