Drew Health Foundation

Analysis

Drew Health Foundation is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in January 1968, 58 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 March 2024, Drew Health Foundation reported income of $186k and spending of $188k, spending 102% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $205k to $186k (-9.3%), an average of -2.4% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Drew Health Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Susquehanna Regional Emergency Medical Services Council ($185k), Collaborative Group of the Americas on Inherited Gastrointestinal Canc ($186k) and Rio Care Center Inc ($185k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.0% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $29k (16% of expenses). Other salaries and wages came to $7,840. At year end it held assets of $3.4m against liabilities of $6,030, net assets of $3.4m. It reported 3 employees.