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EIN 91-1157127 · WA · NTEE Q300 · Form 990, fiscal 2023

An international nonprofit global health organization headquartered in Seattle, Washington, with staff working in more than 70 countries. It develops and scales affordable health technologies, strengthens health systems, and supports policies that improve care, working across vaccines, drugs, diagnostics, devices, and system and service innovations, often in low-resource settings and in partnership with governments and other organizations.

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Financials, fiscal 2023

Revenue
$334.1M
Expenses
$338.6M
Total assets
$346.5M
Net assets
$53.6M
Operating margin
-1.3%
1-year growth
-5.3%
5-year growth (CAGR)
3.2%
Reserve (years of spending)
1.9
Contributions share
98.2%
Programme spending
0.0%
Fundraising cost
0.0%
Executive pay share
0.99%
Employees
634
Revenue per employee
$527K
Grants paid
$22.0M
Years filing
41

NFP Health Score: 56 / 100

Financial 31 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To advance health equity through innovation and partnerships.

Revenue history

YearRevenue
2019$294.4M
2020$301.0M
2021$343.1M
2022$352.8M
2023$334.1M