Nonprofit screen
Screen a listPrime Healthcare Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$926Mrevenue
FY2024 · −10% in 3 yrs5,567staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin8.8%
Months of reserve2.5mo
Revenue growth (annualized)−1.7%
Middle half of peersMedianPrime Healthcare
Where the money goes FY2024 · $844M spent
Programs$789M93%Management and general$55M7%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$30M in FY2022 and −$41M in FY2023. Cash covers 2.5 months, above the peer median of 0.6.
990 Part I and balance sheetIn its favor2
Strong governance
4 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 5 of its 5 returns, 1% of revenue in FY2024.
990 Part VIII7funders
$1.4Ma year, last 3 years
92%from its largest funder
Funder’17’18’19’20’21’22Dr Prem Reddy Family FoundationStopped after FY2021$2.4M$1.3M–Hospital Association of Rhode IslandOn and off$128kAlan B Slifka FoundationOn and off$5kThe Bank of America Charitable Foundation IncOn and off$1kDonor-advised giftsDonors not disclosed$33k$7k$51k$10k$47k$80k1 other fundersUp to $68k a year each$68k
FundedThrough a donor-advised fundStopped