Pella Hospital Foundation

Analysis

Pella Hospital Foundation is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Pella Hospital Foundation reported income of $1.1m and spending of $1.3m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $1.1m (+140%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pella Hospital Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include Whittier Pregnancy Care Clinic ($1.1m), Education for Life Inc Womens Pregnancy Center ($1.1m) and International College of Surgeons Gen Surgeons & Surgical Spec Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $8.0m against liabilities of $1.0m, net assets of $7.0m.