CGH Health Foundation

Analysis

CGH Health Foundation is a registered charity in United States, based in Sterling, IL. It received its IRS tax-exemption ruling in July 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, CGH Health Foundation reported income of $932k and spending of $684k, leaving 27% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income fell from $1.1m to $932k (-15%), an average of -5.2% a year. The sharpest change came in the year to April 2022, when income rose by 54%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CGH Health Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Florida International Airshow Inc ($931k), Administration of Resources & ($932k) and A Place of Hope ($931k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $127k (19% of expenses). Other salaries and wages came to $13k. At year end it held assets of $8.1m against liabilities of $59k, net assets of $8.1m.