Pamc Health Foundation Inc

Analysis

Pamc Health Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1991, 35 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 December 2023, Pamc Health Foundation Inc reported income of $266k and spending of $239k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $266k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 497%. Over the whole period it spent 161% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pamc Health Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Baltimore Rowing Club Inc ($266k), Ptsa Connecticut Congress ($266k) and Richmond Yacht Club Foundation ($266k).

At year end it held assets of $10.1m against liabilities of $100k, net assets of $10.0m.