North Dakota Hospital Foundation

Analysis

North Dakota Hospital Foundation is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, North Dakota Hospital Foundation reported income of $480k and spending of $527k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $480k (-56%), an average of -19% a year. The sharpest change came in the year to September 2021, when income rose by 343%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Dakota Hospital Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within ND. Charities of a similar size with the same main cause include PTA Texas Congress ($480k), Horizon House Foundation ($480k) and Ridgely Volunteer Fire Department Inc ($480k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 71% of the total. Other salaries and wages came to $160k. At year end it held assets of $6.8m against liabilities of $627k, net assets of $6.1m.