Carlinville Area Hospital Foundation

Analysis

Carlinville Area Hospital Foundation is a registered charity in United States, based in Alton, IL. It received its IRS tax-exemption ruling in July 2016, 10 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 iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carlinville Area Hospital Foundation reported income of $51k and spending of $54k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $80k to $51k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 47% 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 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within IL. Charities of a similar size with the same main cause include New Hope Educational Foundation Inc ($51k), Escanaba Rotary Trust Fund for Children with Special Needs ($51k) and Lincoln Health System Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% of the total. Compensation of current officers, directors and key employees was $9,559 (18% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.