Henry Mayo Newhall Memorial Health Foundation

Analysis

Henry Mayo Newhall Memorial Health Foundation is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in December 1984, 42 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 September 2023, Henry Mayo Newhall Memorial Health Foundation reported income of $5.3m and spending of $2.5m, leaving 54% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.9m to $5.3m (+39%), an average of +8.6% a year. The sharpest change came in the year to September 2022, when income rose by 50%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Henry Mayo Newhall Memorial Health Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Planned Parenthood of Delaware Inc ($5.3m), Cognitive-Behavioral Services Inc ($5.3m) and Iron Tribe Network Inc ($5.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $420k (17% of expenses). Other salaries and wages came to $115k. At year end it held assets of $37.0m against liabilities of $24.0m, net assets of $13.0m. It reported 5 employees.