Mather Foundation

Analysis

Mather Foundation is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Mather Foundation reported income of $44.2m and spending of $24.3m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $48.8m to $44.2m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mather Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Freeport Regional Health Care Found Ation ($44.1m), Morgridge Institute Foundation Inc ($44.2m) and Family Health Services of Darke County Inc ($44.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $733.7m against liabilities of $105.2m, net assets of $628.4m.