The Health Foundation
Nonprofit profile at a glance
- EIN
- 980570141
- IRS 990 coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- London, Ec4y 8Ap, UK
- Phone
- 020 7257 8000
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health Support Services
Reported finances
- Revenue
- $92,222,104
- Expenses
- $68,460,194
- Assets
- $1,566,954,138
- Liabilities
- $29,278,017
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- DR JENNIFER DIXON (CHIEF EXECUTIVE)
Highest reported compensation
- DR JENNIFER DIXON (CHIEF EXECUTIVE): $364,616 total reported compensation
- DR JOANNA BIBBY (DIRECTOR OF HEALTH): $271,602 total reported compensation
- MS ANITA CHARLESWORTH - DIR (OF RESEARCH & REAL CTR UNTIL 10/24): $265,786 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the health of the people of the United Kingdom.
What it reported doing in 2024
Innovation - supporting radical innovation and improvement in health and care services. The program is using our funding programmes to enable the generation and adoption of innovation and improvement on the front line. Using our reputation and thought leadership to influence system-level change through partnerships. Shaping debate on emerging topics in health and care. Informing new approaches to care in different settings and facilitating staff engagement and networking in innovation and improvement practices.
Operating model
- Revenue model
- Investment-supported. 85% of the money available for current operations came from recurring investment income.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 77
- Accountability: 95
- Sustainability: 85
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 65.3%; rating input score 65
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 3 of 8 controls in place; rating input score 38
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Pass
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 91.7%; rating input score 92; 40th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 25.8%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 22.89; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 94; 94th percentile among comparable filings
- Officer compensation ratio: 4.5%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: -0.3% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 8th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 65.3% of spending went to programs
- Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $44.7M in reported program spending
- Leadership: top reported pay $365K · 28 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.5M reported
- Consistency: 38 of 38 current checks pass
- Schedules: 7 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 18 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 21/100.