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California · Nonprofit

PRIME HEALTHCARE FOUNDATION INC

PRIME HEALTHCARE FOUNDATION INC (California) receives grants from 7 organizations whose IRS filings report $4,196,181 to it, the largest being DR PREM REDDY FAMILY FOUNDATION ($3,762,186). 4 of them have funded it in more than one year.

Revenue FY2024
$926M
Funders on record
7
Grants received
$4.2M
Net assets
$902M
4/7 repeat funderspeak grant-dependency 0%
01What it does

What Prime Healthcare Foundation Inc does

Mission

The mission of the prime healthcare foundation is to provide quality, compassionate healthcare for all, and serve communities through charitable and educational initiatives.

As stated on its FY2024 Form 990.

Program

  1. Prime healthcare foundation, inc. Operates a total of 27 entities, 10 of which are hospitals, all classified as disregarded entities for federal tax purposes. These hospitals and entities include bucks county insurance captive, coshocton regional medical center, encino hospital medical center, glendora community hospital, huntington beach hospital, la palma intercommunity hospital, lake huron clinics, lake spivey ambulatory surgery care, landmark medical center (operating a 214-bed acute care hospital located in woonsocket, rhode island through prime healthcare foundation - landmark, llc), landmark physician office services, montclair hospital medical center, pampa regional medical center, prime healthcare real estate, llc, prime healthcare foundation - east liverpool, prime healthcare foundation - mission, prime healthcare foundation - oconee, prime healthcare foundation - salem, rehabilitation hospital of rhode island, river valley physicians, saint mary's reno foundation, sherman oaks hospital (operating a 153-bed acute care hospital located in sherman oaks, california through prime healthcare foundation - sherman oaks, llc), southern regional medical center (operating a…

    $789,328,220 spentof which $156,692 as grants$798,189,544 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $789,328,220.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.0B) Expenses 100 ($1.0B) Net assets 100 ($752M)2018 Revenue 99 ($1.0B) Expenses 101 ($1.0B) Net assets 93 ($699M)2019 Revenue 97 ($1.0B) Expenses 99 ($1.0B) Net assets 96 ($721M)2020 Revenue 95 ($990M) Expenses 87 ($898M) Net assets 106 ($800M)2021 Revenue 99 ($1.0B) Expenses 91 ($945M) Net assets 127 ($957M)2022 Revenue 84 ($879M) Expenses 88 ($908M) Net assets 100 ($748M)2023 Revenue 74 ($776M) Expenses 79 ($817M) Net assets 107 ($805M)2024 Revenue 89 ($926M) Expenses 81 ($844M) Net assets 120 ($902M)
'17'18'19'20'21'22'23'24
Revenue (89)Expenses (81)Net assets (120)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.5B to $1.9B (+25%).

$1.2B
$1.4B
$1.5B
$1.9B
$2.1B
$2.0B
$1.8B
$2.1B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 7% · 2021 2% · 2022 1% · 2023 1% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

9% of PRIME HEALTHCARE FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$9.4M
’17
−$4.3M
’18
−$20M
’19
$92M
’20
$88M
’21
−$30M
’22
−$41M
’23
$82M
’24
2.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Kavitha Bhatia Md

President & chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1818181717164862
Joined·+5+7+7+3+2+35+21
No longer listed·5783337
03Who funds it

Who funds it, year by year

2017 → 2022: the base narrowed from 2 funders to 1 funder, grant income rose $34k → $80k.

2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PRIME HEALTHCARE FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PRIME HEALTHCARE FOUNDATION INC leans on a few funders — its largest provides 90% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

90%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2017 97% · 2018 100% · 2019 100% · 2020 100% · 2021 84% · 2022 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

95% of PRIME HEALTHCARE FOUNDATION INC's grant income comes from California funders.

MI
NY
RI
CA
NC

In-state vs out-of-state, by year

’17
’20
’21
California out of state home

Funder states come from each funder’s own filing. $228k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PRIME HEALTHCARE FOUNDATION INC runs a healthier operating margin than three-quarters of the 2,075 health nonprofits its size.

Operating margin9% · top quartile
Months of reserve2.5mo · top quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Organizations like PRIME HEALTHCARE FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

5
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 3 states

OH
PA
CA

Part of a family of 38 related entities

  • Phs - Landmark LLC · disregarded
  • Phf - Southern Regional LLC · disregarded
  • Phs - Sherman Oaks LLC · disregarded
  • Phf - East Liverpool LLC · disregarded
  • Ph - la Palma LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for PRIME HEALTHCARE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PRIME HEALTHCARE FOUNDATION INC?
PRIME HEALTHCARE FOUNDATION INC (California) receives grants from 7 organizations whose IRS filings report $4,196,181 to it, the largest being DR PREM REDDY FAMILY FOUNDATION ($3,762,186). 4 of them have funded it in more than one year.
How many funders does PRIME HEALTHCARE FOUNDATION INC have?
IRS filings report 7 organizations giving $4,196,181 in grants to PRIME HEALTHCARE FOUNDATION INC, 4 of which have funded it in more than one year.
Who is the largest funder of PRIME HEALTHCARE FOUNDATION INC?
DR PREM REDDY FAMILY FOUNDATION is the largest funder on record, with $3,762,186 in grants. The full list of funders is on this page.
How can an organization like PRIME HEALTHCARE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing