Northwest Community Hospital Foundation

Analysis

Northwest Community Hospital Foundation is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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, Northwest Community Hospital Foundation reported income of $6.8m and spending of $3.6m, leaving 47% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income fell from $8.6m to $6.8m (-22%), an average of -4.8% a year. The sharpest change came in the year to September 2021, when income rose by 695%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest Community Hospital Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Proprietors of the Social Law Library ($6.7m), Maui Economic Development Board Inc Medb ($6.8m) and Psi World ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $45.9m against liabilities of $292k, net assets of $45.6m.