Humboldt Park Health

Analysis

Humboldt Park Health is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1937, 89 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Humboldt Park Health reported income of $148.2m and spending of $146.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $117.5m to $148.2m (+26%), an average of +6.0% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Humboldt Park Health sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Lakewood Health System ($148.0m), Fairview Heights Medical Group SC ($148.2m) and Ascension Health Texas ($147.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $2.7m (1.8% of expenses). Other salaries and wages came to $53.9m. At year end it held assets of $153.0m against liabilities of $85.8m, net assets of $67.2m. It reported 969 employees.