San Mateo County Health Foundation

Analysis

San Mateo County Health Foundation is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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 June 2023, San Mateo County Health Foundation reported income of $3.1m and spending of $1.8m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $674k to $3.1m (+362%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Mateo County Health Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Center on Deafness ($3.1m), Eleemosynary St John Episcopal School of Abilene Inc ($3.1m) and Society for Investigative Dermatology Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $213k (12% of expenses). Other salaries and wages came to $204k. At year end it held assets of $5.8m against liabilities of $162k, net assets of $5.6m. It reported 4 employees.