Cabell Huntington Hospital Foundation Inc

Analysis

Cabell Huntington Hospital Foundation Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in May 1984, 42 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 September 2023, Cabell Huntington Hospital Foundation Inc reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.2m to $3.4m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to September 2021, when income rose by 82%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cabell Huntington Hospital Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WV. Charities of a similar size with the same main cause include Ruthven Community Care Center Inc ($3.4m), Trauma Research Foundation Inc ($3.4m) and Indian River County Healthy Start Coalition Inc ($3.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $80k (2.5% of expenses). Other salaries and wages came to $185k. At year end it held assets of $8.5m against liabilities of $0, net assets of $8.5m.