Shadyside Hospital Foundation

Analysis

Shadyside Hospital Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 1975, 51 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 June 2024, Shadyside Hospital Foundation reported income of $3.8m and spending of $3.2m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $3.8m (+147%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 296%. Over the whole period it spent 45% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shadyside Hospital Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Autism Alliance of Michigan ($3.8m), Ackerman Institute for the Family ($3.8m) and American College of Neuropsychopharmacology Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% of the total. Compensation of current officers, directors and key employees was $254k (7.9% of expenses). Other salaries and wages came to $204k. At year end it held assets of $114.7m against liabilities of $1.6m, net assets of $113.1m. It reported 6 employees.