Mount Sinai Hospital Endowment Foundation

Analysis

Mount Sinai Hospital Endowment Foundation 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mount Sinai Hospital Endowment Foundation reported income of $110k and spending of $136k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $110k to $110k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mount Sinai Hospital Endowment Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Genesee Township Volunteer Fire Department Inc ($110k), Heritage Fields III Inc ($110k) and Thriving Initiative ($110k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.