Chilton Memorial Hospital Foundation Inc

Analysis

Chilton Memorial Hospital Foundation Inc is a registered charity in United States, based in Pompton PLNS, NJ. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Chilton Memorial Hospital Foundation Inc reported income of $1.7m and spending of $894k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.7m (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chilton Memorial Hospital Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include All Gods Children Inc ($1.7m), Partnership for Progress Inc ($1.7m) and Progressive Center for Independent Living Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. It paid $22k in professional fundraising fees. At year end it held assets of $17.5m against liabilities of $900k, net assets of $16.6m.