Illinois Valley Community Hospital Foundation

Analysis

Illinois Valley Community Hospital Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in February 2015, 11 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 September 2023, Illinois Valley Community Hospital Foundation reported income of $153k and spending of $3.0m, spending 1958% of what it took in. Across the 6 years on record, from June 2019 to September 2023, income fell from $198k to $153k (-22%), an average of -4.9% a year. The sharpest change came in the year to June 2021, when income rose by 109%. Over the whole period it spent 340% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Illinois Valley Community Hospital Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 39th percentile within ND. Charities of a similar size with the same main cause include Hondurans Against AIDS Inc ($153k), Sharlene Levinson Bikur Cholim Organization of Chicago ($153k) and Brees Foundation for Breast Cancer Research ($153k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.