St Charles Hospital Foundation

Analysis

St Charles Hospital Foundation is a registered charity in United States, based in PRT Jefferson, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 December 2023, St Charles Hospital Foundation reported income of $661k and spending of $432k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $497k to $661k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Charles Hospital Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Nemo Senior Citizens Service Corp ($660k), International Council for Small Business ($661k) and North Carolina Legal Education Assistance Foundation ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $4.6m against liabilities of $41k, net assets of $4.6m.