University Healthcare Foundation Inc

Analysis

University Healthcare Foundation Inc is a registered charity in United States, based in Martinsburg, WV. It received its IRS tax-exemption ruling in January 1985, 41 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 December 2023, University Healthcare Foundation Inc reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.3m (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Healthcare Foundation Inc 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 81st percentile within WV. Charities of a similar size with the same main cause include African Communities Public Health Coalition ($1.3m), Lubbock Rape Crisis Center Inc ($1.3m) and Waynesboro First Aid Crew Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. Other salaries and wages came to $205k. At year end it held assets of $37.9m against liabilities of $6.2m, net assets of $31.7m.