Carlinville Area Hospital Foundation

Analysis

Carlinville Area Hospital Foundation is a registered charity in United States, based in Carlinville, IL. It received its IRS tax-exemption ruling in July 1986, 40 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 July 2023, Carlinville Area Hospital Foundation reported income of $214k and spending of $134k, leaving 37% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.3m to $214k (-83%), an average of -36% a year. The sharpest change came in the year to July 2022, when income rose by 148%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carlinville Area Hospital Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Hillsboro Area Health Foundation ($214k), Sight for Souls ($214k) and Akron Bar Association Foundation ($213k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $1.7m against liabilities of $7,632, net assets of $1.7m.