Fairfield Memorial Hospital Foundation

Analysis

Fairfield Memorial Hospital Foundation is a registered charity in United States, based in Fairfield, IL. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Fairfield Memorial Hospital Foundation reported income of $108k and spending of $3,810, leaving 96% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $175k to $108k (-39%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 495%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fairfield Memorial Hospital Foundation sits at the 44th percentile: it is larger than about 44% 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 L Brands Foundation ($108k), Moms Haven of Hope ($108k) and Team Continuum Inc ($108k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $771k against liabilities of $0, net assets of $771k.