San Benito Health Foundation

Analysis

San Benito Health Foundation is a registered charity in United States, based in Hollister, CA. It received its IRS tax-exemption ruling in March 1977, 49 years ago. 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 June 2024, San Benito Health Foundation reported income of $9.6m and spending of $7.7m, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $9.0m to $9.6m (+6.8%), an average of +1.7% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Benito Health Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Bear River Head Start ($9.6m), Southeast Vermont Transit Inc ($9.6m) and Omaha Public Schools Foundation ($9.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $345k (4.5% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $23.7m against liabilities of $1.9m, net assets of $21.8m. It reported 54 employees.