McHc-Chicago Hospital Council

Analysis

McHc-Chicago Hospital Council is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in July 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, McHc-Chicago Hospital Council reported income of $7.2m and spending of $6.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $7.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McHc-Chicago Hospital Council sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Friends of Cancer Research ($7.2m), Glaucoma Research Foundation ($7.2m) and Alameda Health Consortium ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $3.9m against liabilities of $3.6m, net assets of $302k. It reported 29 employees.