St Catherine Hospital Development Foundation

Analysis

St Catherine Hospital Development Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Catherine Hospital Development Foundation reported income of $87k and spending of $9,643, leaving 89% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $541k to $87k (-84%), an average of -37% a year. The sharpest change came in the year to June 2023, when income dropped by 84%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Catherine Hospital Development Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within AZ. Charities of a similar size with the same main cause include New Arts and Sciences Inc ($87k), Philippine-Asian Missions Inc ($87k) and Fresh Air Farm Inc ($87k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.4m against liabilities of $185k, net assets of $1.2m.