Northwest Hospital Foundation

Analysis

Northwest Hospital Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1992, 34 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 2023, Northwest Hospital Foundation reported income of $1.3m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $1.3m (-65%), an average of -23% a year. The sharpest change came in the year to June 2021, when income rose by 170%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwest Hospital Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Resilient Georgia Inc ($1.3m), American Cochlear Implant Alliance Foundation ($1.3m) and Memory Care Home Solutions ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $186k. At year end it held assets of $28.5m against liabilities of $94k, net assets of $28.4m. It reported 2 employees.