Methodist Hospital FDN

Analysis

Methodist Hospital FDN is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover health care, 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, Methodist Hospital FDN reported income of $230k and spending of $318k, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $39k to $230k (+485%), an average of +56% a year. The sharpest change came in the year to June 2020, when income rose by 402%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Methodist Hospital FDN sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Alex Manfull Fund ($230k), Youth Transformation Center ($230k) and Kidney Disease Research and Assistance Fund ($230k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $12.7m against liabilities of $108k, net assets of $12.6m.