Hansen Family Hospital Foundation

Analysis

Hansen Family Hospital Foundation is a registered charity in United States, based in Iowa Falls, IA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Hansen Family Hospital Foundation reported income of $112k and spending of $114k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $103k to $112k (+9.3%), an average of +2.3% a year. The sharpest change came in the year to June 2020, when income rose by 62%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hansen Family Hospital Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Camp Lu-Jo Kismif Inc ($112k), Urbana Free Library Foundation ($112k) and Valdez United Way ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $718k against liabilities of $0, net assets of $718k.