Hudson Hospital Foundation

Analysis

Hudson Hospital Foundation is a registered charity in United States, based in Hudson, WI. It received its IRS tax-exemption ruling in October 1977, 49 years ago. 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 December 2023, Hudson Hospital Foundation reported income of $456k and spending of $723k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $456k (-65%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hudson Hospital Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include United Church Residences of Hornlake Mississippi Inc ($456k), South Dakota Junior Football Inc ($456k) and Habitat for Humanity International Inc ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $6.6m against liabilities of $615k, net assets of $5.9m.