Morris Hospital Foundation

Analysis

Morris Hospital Foundation is a registered charity in United States, based in Morris, IL. It received its IRS tax-exemption ruling in December 1994, 32 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, Morris Hospital Foundation reported income of $595k and spending of $946k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $827k to $595k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income rose by 241%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morris Hospital Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Healing Place ($595k), Biohouston Inc ($595k) and We Care Manatee Inc ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $4.6m against liabilities of $21k, net assets of $4.6m.