Metrohealth Foundation Inc

Analysis

Metrohealth Foundation Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in October 1956, 70 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 December 2023, Metrohealth Foundation Inc reported income of $9.5m and spending of $9.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $9.5m (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metrohealth Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Newcourtland Elder Service ($9.5m), Beautiful Savior Home ($9.5m) and Pathways Behavioral Services Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $87.5m against liabilities of $1.3m, net assets of $86.2m.