Wabash General Hospital Foundation

Analysis

Wabash General Hospital Foundation is a registered charity in United States, based in Mount Carmel, IL. It received its IRS tax-exemption ruling in December 1979, 47 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wabash General Hospital Foundation reported income of $861k and spending of $510k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $732k to $861k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wabash General Hospital Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Support Within Reach ($861k), Charlesson Foundation ($862k) and United Disabilities Services Foundation ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $8.7m against liabilities of $62k, net assets of $8.6m.