Kane Community Hospital Foundation

Analysis

Kane Community Hospital Foundation is a registered charity in United States, based in Kane, PA. It received its IRS tax-exemption ruling in June 2019, 7 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 (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kane Community Hospital Foundation reported income of $77k and spending of $62k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $83k to $77k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kane Community Hospital Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Sharehouse Foundation ($77k), Phelps Luck Alano Club Inc ($77k) and Kids Without Cancer ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.