Catholic Healthcare Trust

Analysis

Catholic Healthcare Trust is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Catholic Healthcare Trust reported income of $539.5m and spending of $531.0m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $490.5m to $539.5m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Catholic Healthcare Trust sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NH. Charities of a similar size with the same main cause include Banner-University Medical Group ($538.8m), Unmc Physicians ($540.1m) and Connecticut Childrens Medical Center ($538.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.5m (0.5% of expenses). Other salaries and wages came to $186.3m. It paid $5,850 in professional fundraising fees. At year end it held assets of $433.2m against liabilities of $339.2m, net assets of $94.0m. It reported 3,154 employees.