Straub Foundation

Analysis

Straub Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 1962, 64 years ago. Its declared purposes cover medical research, 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 June 2023, Straub Foundation reported income of $5.1m and spending of $2.5m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $5.1m (+4.0%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 247%. Over the whole period it spent 35% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Straub Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within HI. Charities of a similar size with the same main cause include Baptist Health Care Foundation Inc ($5.1m), Ronald McDonald House West Tennessee & Northeast Arkansas ($5.1m) and Pasadena Health Center Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $30.0m against liabilities of $801k, net assets of $29.2m.