Riverview Hospital Foundation Inc

Analysis

Riverview Hospital Foundation Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in December 1976, 50 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, Riverview Hospital Foundation Inc reported income of $830k and spending of $728k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $830k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riverview Hospital Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Thyca Thyroid Cancer Survivors Association Inc ($830k), Rathgeber Hospitality House Inc ($830k) and Lyme Disease Biobank Foundation ($829k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $6.3m against liabilities of $24k, net assets of $6.2m.