Pacific Health Research and Education Institute

Analysis

Pacific Health Research and Education Institute is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pacific Health Research and Education Institute reported income of $865k and spending of $1.0m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $865k (-71%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 77%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pacific Health Research and Education Institute sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within HI. Charities of a similar size with the same main cause include Catholic Charities of South Georgia Inc ($865k), Chavie Stern Family Foundation Inc ($866k) and St Francis Manor of Vero Beach FL Inc ($865k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $234k (23% of expenses). Other salaries and wages came to $303k. At year end it held assets of $728k against liabilities of $192k, net assets of $536k. It reported 14 employees.