Womans Board of Northwestern Memorial Hospital

Analysis

Womans Board of Northwestern Memorial Hospital is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Womans Board of Northwestern Memorial Hospital reported income of $613k and spending of $1.1m, spending 172% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income fell from $1.2m to $613k (-49%), an average of -16% a year. The sharpest change came in the year to February 2023, when income dropped by 43%. Over the whole period it spent 143% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Womans Board of Northwestern Memorial Hospital sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Heartland Rural Health Network ($613k), Piedmont Atlanta Hospital Auxiliary Corp ($614k) and Chicago Center for Jewish Genetic Disorders ($613k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $3.0m against liabilities of $72k, net assets of $2.9m.