Hitchcock Foundation

Analysis

Hitchcock Foundation is a registered charity in United States, based in Lebanon, NH. It received its IRS tax-exemption ruling in May 1947, 79 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hitchcock Foundation reported income of $3.9m and spending of $2.5m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $3.9m (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hitchcock Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include Hemophilia Foundation of Michigan ($3.9m), Whole Womans Advocacy Alliance ($3.9m) and Care Guide Partners Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 14% of the total. At year end it held assets of $35.3m against liabilities of $416k, net assets of $34.9m.