Purchaser Business Group on Health

Analysis

Purchaser Business Group on Health is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in July 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Purchaser Business Group on Health reported income of $10.6m and spending of $13.8m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.2m to $10.6m (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Purchaser Business Group on Health sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Bethany Nursing Home and Health Related Facility Inc ($10.6m), CRC Real Estate Corporation ($10.6m) and Luther Memorial Home ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $2.9m (21% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $13.3m against liabilities of $5.3m, net assets of $8.0m. It reported 42 employees.