Crusaders Health Foundation

Analysis

Crusaders Health Foundation is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Crusaders Health Foundation reported income of $514k and spending of $460k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $514k (-70%), an average of -26% a year. The sharpest change came in the year to June 2021, when income rose by 194%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Crusaders Health Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Holland America Line Foundation ($514k), Wallingford Community Senior Center ($514k) and Kupas Chaim Levi Inc ($513k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $6.9m against liabilities of $14k, net assets of $6.9m.