Public Health Foundation Inc

Analysis

Public Health Foundation Inc is a registered charity in United States, based in City Industry, CA. It received its IRS tax-exemption ruling in June 1969, 57 years ago. 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 June 2023, Public Health Foundation Inc reported income of $876.0m and spending of $874.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $129.7m to $876.0m (+575%), an average of +61% a year. The sharpest change came in the year to June 2021, when income rose by 341%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Health Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Ssm-Sluh Inc ($855.9m), Big Ten Conference Inc ($879.9m) and University of Manitoba ($851.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $1.9m (0.2% of expenses). Other salaries and wages came to $141.6m. At year end it held assets of $269.8m against liabilities of $249.1m, net assets of $20.7m. It reported 3,183 employees.