Hutchinson Health Foundation

Analysis

Hutchinson Health Foundation is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in April 2021, 5 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, Hutchinson Health Foundation reported income of $292k and spending of $207k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $482k to $292k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hutchinson Health Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include For Students Inc ($292k), Conquering Congenital Heart Disease ($292k) and National Institute of Transplantation Foundation ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $2.9m against liabilities of $46k, net assets of $2.9m.