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Princeton Healthcare System Foundation

Plainsboro, NJ · EIN 22-2225911 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Princeton Healthcare System Foundation reported $7.2 million in revenue and $4.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.61 went to program services, $8.10 to management and general costs and $12.29 to fundraising. Its largest source of revenue was contributions and grants: 52.1% of the total. The highest compensation it reported for one person was $952,926 (DIRECTOR - PRESIDENT & CEO). Revenue fell 6% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $4.7M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $7.2M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
79.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
8.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
12.3%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
52.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
40.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$952,926$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
20.14%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
291.06.6
Independent voting board members
Part VI 1a–1b
16 of 1988.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$3.8M expenses · 100.0% of program spending · grants $2.8M · revenue $2.9M

Statement of program service accomplishments expenses incurred to financially support and promote the mission of Princeton Healthcare System, a new jersey nonprofit corporation and related internal revenue code section 501(c)(3) tax-exempt organization that provides medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR - PRESIDENT & CEO
Director/trustee, officer, 5.0 hrs/week
$0$855,051$97,875$952,926
EX-OFFICO,SVP&CFO ASST. TREAS.
Officer, 2.0 hrs/week
$0$489,159$31,044$520,203
DIR., ASST SEC., SVP OF DEV.
Director/trustee, officer, 54.0 hrs/week
$0$369,375$14,088$383,463
DIRECTOR
Director/trustee, 55.0 hrs/week
$0$160,410$8,909$169,319

0 people received more than $100,000 in reportable compensation from Princeton Healthcare System Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$7.2M$4.7M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$7.2M$4.7M79.6%$115M$952,926
FY2024 ⓘ$18M$4.1M72.6%$105M$924,794
FY2023 ⓘ$14M$5.3M79.3%$91M$813,941
FY2022 ⓘ$12M$3.3M70.9%$85M$1,034,161
FY2021 ⓘ$8.5M$3.4M49.7%$85M$1,595,804
FY2020 ⓘ$7.7M$3.1M46.2%$61M$1,764,911

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 16 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 61

Private foundation grants it received

9 private foundations reported grants to Princeton Healthcare System Foundation totaling $297K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Princeton Healthcare System Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Princeton Healthcare System Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of Princeton Healthcare System Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Princeton Healthcare System Foundation reported that 79.6% of its $4.7 million in expenses went to program services, 8.1% to management and general and 12.3% to fundraising (Form 990, Part IX).

How much does Princeton Healthcare System Foundation pay its top executive?

The largest total compensation Princeton Healthcare System Foundation reported for one person in the fiscal year ending June 30, 2025 was $952,926, for the role of DIRECTOR - PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Princeton Healthcare System Foundation get its money?

Of $7.2 million in revenue in the fiscal year ending June 30, 2025, 52.1% came from contributions and grants and 40.0% from program service revenue (Form 990, Part VIII).

Is Princeton Healthcare System Foundation a registered charity?

The IRS lists EIN 22-2225911 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349306098 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349307925 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349307405 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301329349301020 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211339349303201 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349303207 · read the filing

All filings for EIN 22-2225911: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.